01.11.2023 07:44:18 - dpa-AFX: TDK H1 Profit Declines On Lower Revenue
TOKYO (dpa-AFX) - Electronic products manufacturer TDK Corporation
(TTDKF.PK) Wednesday reported profit before tax of 80.242 billion yen for the
first half, lower than 119.875 billion yen in the same period a year ago,
primarily due to decrease in revenue.
Net profit declined to 54.188 billion yen or 142.64 yen per share from 86.951
billion yen or 228.92 yen per share a year ago.
Sales for the period dropped to 1,059.711 billion yen from 1,121.993 billion yen
in the previous year.
For the full-year the company has reaffirmed its outlook or sales of 1,970
billion yen, and profit before tax of 150 billion yen.
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