ULVAC, Inc. Announces Consolidated Earnings Results for the Third Quarter Ended March 31, 2013; Provides Earnings Guidance for the Year Ending June 30, 2013
May 13, 2013
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ULVAC, Inc. announced consolidated earnings results for the third quarter ended March 31, 2013. For the quarter, the company reported net sales of ¥114,976 million against ¥157,048 million a year ago. Operating profit was ¥2,983 million against ¥1,275 million a year ago. Ordinary profit was ¥2,706,000 against ¥557 million a year ago. Net income was ¥415 million or ¥0.31 diluted per share against ¥35,376 million or ¥716.90 per share a year ago.
The company provided earnings guidance for the year ending June 30, 2013. For the year, the company expects net sales of ¥171,000, operating profit of ¥6,200 million, ordinary profit of ¥4,600 million and net income of ¥2,300 million or ¥46.61 per share.
Ulvac Inc is mainly engaged in vacuum equipment business. The Company operates through two business segments. The Vacuum Equipment segment is engaged in development, manufacture, sale and maintenance of sputtering equipment, organic electro luminescence (EL) manufacturing equipment, solar cell manufacturing equipment, winding type vacuum vapor deposition equipment, vacuum pump and measuring instrument. The Vacuum Application segment is engaged in development, manufacture, sale and maintenance of sputtering target materials, control system related equipment and analytical equipment.
ULVAC, Inc. Announces Consolidated Earnings Results for the Third Quarter Ended March 31, 2013; Provides Earnings Guidance for the Year Ending June 30, 2013