Torex Semiconductor Ltd. reported consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported net sales of JPY 11,808 million, operating profit of JPY 1,090 million, ordinary profit of JPY 1,107 million and profit attributable to owners of parent of JPY 501 million or JPY 55.41 per diluted share as compared to net sales of JPY 10,313 million, operating profit of JPY 387 million, ordinary loss of JPY 257 million and profit attributable to owners of parent of JPY 2,332 million or JPY 234.87 per diluted share for the same period a year ago. Profit before income taxes was JPY 1,088,466,000 compared to JPY 2,221,886,000 a year ago. Net cash provided by operating activities was JPY 729,663,000 compared to JPY 1,380,899,000 a year ago. Purchase of property, plant and equipment was JPY 258,284,000 compared to JPY 622,945,000 a year ago. Purchase of intangible assets was JPY 147,154,000 compared to JPY 57,133,000 a year ago.

The company provided consolidated earnings guidance for the year ending March 31, 2018. For the year, the company expects net sales of JPY 23,800 million, operating profit of JPY 2,000 million, ordinary profit of JPY 1,900 million and profit attributable to owners of parent of JPY 900 million or JPY 99.79 per share.