Updated
Updated · MarketWatch · May 1
Tamron reports lower first-quarter net profit
Updated
Updated · MarketWatch · May 1

Tamron reports lower first-quarter net profit

4 articles · Updated · MarketWatch · May 1
  • For the quarter ended 31 March in Japan, net profit fell to Y2.71 billion from Y2.84 billion a year earlier.
  • Revenue declined to Y18.49 billion from Y19.45 billion, while operating profit dropped to Y3.44 billion from Y4.24 billion and pretax profit to Y3.36 billion.
  • Earnings per share slipped to Y16.82 from Y17.44. The results were prepared under Japanese accounting standards.
With Q1 profits plummeting, can Tamron's ambitious new strategy truly deliver a record-breaking year?
As its photography business falters, is Tamron's real future in automotive and healthcare optics?