Casio Computer becomes profitable in the first quarter; sees higher results in the first half of fiscal year 22


(RTTNews) – Japanese company Casio Computer Co. Ltd. (CSIOF.PK, CSIOY.PK) reported on Tuesday that its first-quarter profit attributable to owners of the parent company was 4.30 billion yen, down from a loss of 903 million yen the previous year. period. Basic earnings per share were 17.74 yen, down from a loss of 3.72 yen last year.

Operating profit for the period was 5.82 billion yen, compared to a loss of 1.19 billion yen in the same period last year.

Net sales soared 48.4% to 59.38 billion yen from 40.01 billion yen a year ago.

Looking ahead, for the first half of the year, the company expects profit attributable to owners of parent company of 6 billion yen or 24.73 yen per basic share, up 15% from the previous year. last year. Operating profit would be 10 billion yen, up 137.4%, and net sales would be 125 billion yen, up 20.4% from the previous year.

In addition, for fiscal year 2022, the company expects profit attributable to owners of the parent company of 17 billion yen or 70.06 yen per basic share, up 41.5% from the previous year. ‘last year.

Operating profit would be 26.50 billion yen, up 72.4%, and net sales would be 265 billion yen, up 16.5% from the previous year.

In Japan, shares of Casio Computer were trading at 1,795 yen, down 1.43%.

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