Excel Co., Ltd. Reports Earnings Results for the Nine Months Ended December 31, 2014; Provides Earnings Guidance for Year Ending March 31, 2015
February 12, 2015 at 08:14 am
Share
Excel Co., Ltd. reported earnings results for the nine months ended December 31, 2014. For the period, the company reported net loss of JPY 10.57 billion or JPY 1,219.69 loss per share compared to a net income of JPY 1.22 billion or JPY 141.19 per share, for same period ended December 31, 2013. Net sales were JPY 173.93 billion compared to JPY 85.7 billion for the same period ended December 31, 2013. Operating income was JPY 3.22 billion, compared to JPY 1.63 billion for the same period ended December 31, 2013.
For the year ending March 31, 2015, the company expects net loss to be JPY 8 billion, or JPY 923.12 loss per share. The company also expects net sales to be JPY 230 billion, operating income to be JPY 4.3 billion and ordinary income to be JPY 4.3 billion.
EXCEL CELL ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the processing, manufacture and trading of electronic components. The Companyâs primary products include switches, relays, terminal blocks, connectors and pressing parts, such as lead frames. Its products are applied in the manufacture of household electrical appliances, precision instruments, security products, communication products, computer peripheral products, integrated circuits (ICs) and others. The Company distributes its products primarily in Asia, Europe and the Americas.