DMG Mori first-quarter net profit rises to Y1.49 billion

8 articles · Updated · MarketWatch · May 1

For the quarter ended 31 March, revenue increased to Y135.53 billion from Y114.01 billion, while operating profit climbed to Y3.42 billion from Y1.82 billion.
Pretax profit rose to Y1.97 billion from Y373 million, and earnings per share improved to Y6.65 from a Y1.90 loss a year earlier.
The Japanese machine-tool maker reported the figures under IFRS, marking a sharp year-on-year improvement across sales and profitability in its fiscal first quarter.

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