Allied Telesis Holdings K.K. Reports Consolidated Earnings Results for the Year Ended December 31, 2017
Allied Telesis Holdings K.K. reported consolidated earnings results for the year ended December 31, 2017. For the year, the company reported net sales of ¥29,206 million against ¥29,301 million for the last year. Operating income was ¥1,140 million against ¥572 million a year ago. Ordinary Income was ¥848 million against ordinary loss of ¥430 million a year ago. Net income attributable to owners of parent was ¥1,131 million against ¥111 million a year ago. Net income per share was ¥10.38 against ¥1.02 a year ago. Net assets per share was ¥38.50 against ¥29.27 a year ago. Return on equity was 30.6% against 3.8%. Return on assets was 4.0% against negative return on assets of 2.1%. Net cash provided by operating activities in fiscal 2017 was ¥1,646 million, an increase of ¥1,239 million compared with fiscal 2016. Income before income taxes was ¥51,022,000 against ¥1,128,319,000 a year ago. Purchase of tangible fixed assets was ¥312,522,000 against ¥357,773,000 a year ago. Purchase of intangible fixed assets was ¥101,199,000 against ¥16,064,000 a year ago.