The company’s top-line performance saw significant expansion, with revenue climbing to ¥4.35 billion from ¥3.67 billion in the same period last year. According to the financial statement, this growth translated into an operating profit of ¥291 million, up slightly from the ¥285 million recorded in the previous year.
In section Market Quotes
Geomatec Net Profit Rises to ¥369 Million on Strong Revenue Growth
Japanese thin-film technology specialist Geomatec Co. Ltd. reported a steady increase in its nine-month earnings, with net profit reaching ¥369 million for the period ending December 31. The results reflect a year-on-year improvement bolstered by a significant rise in revenue, despite a more modest gain in operating income.
Financial Performance and Shareholder Returns
The report highlights a broader strengthening of the bottom line, with pretax profit advancing to ¥356 million compared to ¥337 million previously. This resulted in earnings per share of ¥46.72, an increase from the ¥43.33 reported in the prior year.Despite the improved earnings profile, the company maintained a conservative approach to distributions. Geomatec confirmed the following regarding its dividend policy:
- No dividends were paid for the first three quarters of the fiscal year.
- The year-end dividend forecast remains at ¥0.00 per share.
- Total annual dividends are projected to be zero.
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