Teikoku Electric’s Half-Year Net Profit Falls to ¥2.02 Billion

Teikoku Electric Mfg. Co. Ltd. reported net profit of ¥2.02 billion for the half-year ended September 30, down from ¥2.35 billion a year earlier, despite increases in revenue and operating profit.

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Revenue rose to ¥15.09 billion from ¥13.64 billion, while operating profit increased to ¥2.70 billion from ¥2.39 billion. Pretax profit was ¥2.84 billion, compared with ¥2.54 billion in the prior-year period.

Earnings per share fell to ¥131.87 from ¥141.43. The results are based on Japanese accounting standards.

Teikoku Electric’s Half-Year Net Profit Falls to ¥2.02 Billion

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