Eizo Global announced its FY17 Q1 result with net sales of ¥19.4 billion ($174.6 million) and net income of ¥1.8 billion ($16.2 million), resulting in a net profit margin of 9.4%. Net sales increased by 15.7% on a yearly basis while net income increased by more than 6 times the FY16 Q1 figure.
The Amusement and Healthcare segments contributed the most to the growth of net sales in this quarter, by increasing 43% and 21% respectively on a yearly basis. Operating income also increased due to a sales increase in the Healthcare and Amusement segments, in addition to cost reduction and an improving product mix.
