Updated
Updated · MarketWatch · May 11TVE Co reports first-half net profit rises to Y608m
2 articles · Updated · MarketWatch · May 11Summary
- For the half-year ended 31 March in Japan, revenue rose to Y6.00bn from Y4.73bn and operating profit jumped to Y839m from Y191m.
- Pretax profit increased to Y948m from Y267m, while earnings per share climbed to Y259.48 from Y76.86 under Japanese accounting standards.
- The latest results show profit growth outpacing sales growth, with net income more than tripling from the same period a year earlier.
Insights
Can TVE's tech strategy shield its record profits from soaring energy costs and a volatile global market? Is TVE's automation strategy the key to overcoming Japan's looming labor shortages and boosting productivity? With its 'Smart Shell' tech, can TVE out-innovate rivals in the multi-billion dollar smart car seat race?