Allied Telesis Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2016
Allied Telesis reported consolidated earnings results for the first quarter ended March 31, 2016. For the period, the company reported net sales of JPY 7,684,360,000 compared to JPY 6,365,691,000 a year ago. Operating income was JPY 54,549,000 compared to operating loss of JPY 1,398,799,000 a year ago. Ordinary loss was JPY 792,538,000 compared to JPY 1,513,031,000 a year ago. Loss before income taxes was JPY 568,154,000 compared to JPY 1,589,655,000 a year ago. Net loss was JPY 488,841,000 or JPY 4.48 per share compared to JPY 1,625,056,000 or JPY 14.9 per share a year ago. Loss attributable to owners of parent was JPY 488,841,000 against JPY 1,625,056,000 a year ago.