V Technology Co., Ltd. Reports Consolidated Earnings Results for the Half Year Ended June 2018; Provides Earnings Guidance for the Full Year of 2018
August 13, 2018 at 11:30 am IST
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V Technology Co., Ltd. reported consolidated earnings results for the half year ended June 2018. For the period, net sales were JPY 15,501 million against JPY 8,055 million a year ago. Operating profit was JPY 2,733 million against JPY 652 million a year ago. Ordinary profit was JPY 2,834 million against JPY 689 million a year ago. Profit attributable to owners of parent was JPY 1,981 million against JPY 444 million a year ago. Diluted earnings per share were JPY 395.25 million. Net assets per share was JPY 4,083.27 against JPY 3,865.50 a year ago.
For the full year ending March 2019, the company expects to report net sales of JPY 82,000 million, operating profit of JPY 16,500 million, ordinary profit of JPY 16,200 million and profit attributable to owners of parent of JPY 10,000 million or basic earnings per share of JPY 2,019.59.
V Technology Co., Ltd. is a manufacturing company. The Company is mainly engaged in the development, design, manufacture and sale of inspection systems, repair systems and measuring systems used for the manufacture of flat panel display (FPD), such as liquid crystal display (LCD) and plasma display panel (PDP). Through its subsidiaries, the Company is also engaged in the provision of product sales support service and maintenance service, as well as the sale of consumable parts. As of March 31, 2014, the Company had three subsidiaries and one associated company.