Kyocera Corp. announced its FY17 Q3 results with consolidated sales of ¥361 bn ($3.1 bn) and net income of ¥34.7 bn ($297 mn), resulting in a net profit margin of 9.6%. The quarterly sales were down by 2.4% as compared to last year’s Q3 figure of ¥370 bn ($3.0 bn) however the net income almost tripled as compared to last year’s corresponding figure of ¥8.7 bn ($100 mn).
The consolidated 9 months FY17 results for Kyocera showed sales of ¥1014 bn ($8.7 bn) and net incomes of ¥71 bn ($606 mn), resulting in a net profit margin of 7.0%. The 9 months sale were lower by 7.2% as compared to last year’s corresponding figure however the net income increased by 19% on a y-o-y basis.
