Brother Industries, Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2020
August 04, 2020 at 02:00 am EDT
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Brother Industries, Ltd. announced consolidated earnings results for the first quarter ended June 30, 2020. For the quarter, the company reported revenue of JPY 133,186 million against JPY 159,231 million a year ago. Operating profit was JPY 9,263 million against JPY 18,088 million a year ago. Profit for the period was JPY 6,630 million against JPY 12,907 million a year ago. Basic earnings per share for the period was JPY 25.47 against JPY 49.55 a year ago. Diluted earnings per share for the period was JPY 25.39 against JPY 49.41 a year ago.
Brother Industries Ltd is a Japan-based company mainly engaged in the manufacture and sale of office equipment and supplies. The Company operates in six business segments. The Printing and Solutions segment manufactures and sells communication and printing equipment like printers, multifunction devices and electronic stationery, among others. The Personal and Home segment is engaged in the manufacture and sale of household sewing machines. The Machinery segment manufactures and sells industrial sewing machines, garment printer, machine tools, reducers and gears, among others. The Network and Contents segment is involved in the manufacture, sale and service of commercial karaoke equipment, as well as the provision of contents delivery services. The Domino segment is engaged in the manufacture and sale of industrial printing equipment. The Others segment is involved in the real estate business.