Hoya Reports First Quarter Financial Results
TOKYO--(BUSINESS WIRE)--HOYA Corporation (TOKYO:7741) today announced financial results for the first quarter ended June 30, 2017. During the quarter, revenues increased 10.4% year on year, reaching 127,158 million yen. Pre-tax profit amounted to 30,548 million yen with 25,193 million yen in profit, representing increases of 37.1% and 40.1%, respectively. In addition to higher profits stemming from greater sales, the Company also recorded foreign exchange gains. Profit before tax ratio was 24.0