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Hoya Corporation Announces Second Quarter Financial Results Under IFRS


10/31/2012 9:52:35 AM

TOKYO--(BUSINESS WIRE)--Hoya Corporation (TOKYO:7741) today announced financial results for the second quarter ended September 30, 2012. The full reports are available at: http://www.hoya.com/english/investor/

During the quarter, revenues from continuing operations decreased 3.5% to 93,103 million yen, however, profit before tax increased 13.3% to 17,753 million yen. Profit for the term from all operations was up 29.5% to 16,278 million yen year on year. This significant increase is due to the recording of 5,043 million yen of insurance income in the form compensation for the fixed assets and for the lost profit suffered from the Thai flooding. Profit attributable to owners of the company was up 29.6% to 16,233 million yen.

Read at BioSpace.com

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