ULVAC, Inc. Reports Consolidated Earnings Results for the First Quarter Ended September 30, 2012; Provides Earnings Guidance for the First Half and Full Year Ending June 30, 2013
November 12, 2012
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ULVAC, Inc. reported consolidated earnings results for the first quarter ended September 30, 2012. For the quarter, the company reported net sales of ¥33,075 million, operating profit of ¥282 million, ordinary profit of ¥1,038 million and net income of ¥1,537 million or ¥33.81 per share compared to the net sales of ¥59,683 million, operating profit of ¥188 million, ordinary profit of ¥282 million and net income of ¥233 million or ¥4.71 per share for the same quarter year ago. Cash flow from operating activities was ¥8,942 million compared to the ¥17,730 million for the previous year.
For the first half of fiscal year 2013, the company expects net sales of ¥77,800 million, operating profit of ¥500 million, ordinary profit of ¥1,300 million, net income of ¥2,470 million and net income per share of ¥50.05.
For the year ending June 30, 2013, the company expects net sales of ¥171,000 million, operating profit of ¥6,200 million, ordinary profit of ¥4,600 million, net income of ¥2,300 million and net income per share of ¥46.61.
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. Reports Consolidated Earnings Results for the First Quarter Ended September 30, 2012; Provides Earnings Guidance for the First Half and Full Year Ending June 30, 2013