Powdertech Reports ¥25 Million Half-Year Net Loss

Powdertech Co. Ltd. reported a net loss of ¥25 million for the six months ended Sept. 30, compared with net profit of ¥126 million a year earlier, under Japanese accounting standards.

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Powdertech Reports ¥25 Million Half-Year Net Loss

Revenue fell to ¥4.05 billion from ¥4.55 billion. The company recorded an operating loss of ¥25 million, against operating profit of ¥189 million in the prior-year period.

Pretax results shifted to a loss of ¥5 million from profit of ¥215 million. Earnings per share were a loss of ¥8.87, compared with earnings of ¥43.41 a year earlier. Figures in parentheses in the source indicate losses.

Powdertech Reports ¥25 Million Half-Year Net Loss

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