Foster Electric Company, Limited Reports Consolidated Earnings Results for the Quarter Ended December 2020
February 01, 2021 at 01:30 am EST
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Foster Electric Company, Limited reported consolidated earnings results for the quarter ended December 2020. For the quarter, the company reported net sales of ¥62,169 million against ¥84,409 million a year ago. Operating profit was ¥111 million against ¥2,711 million a year ago. Loss attributable to owners of parent was ¥1,202 million or ¥52.97 per basic share against profit attributable to owners of parent of ¥1,350 million or ¥59.72 per basic share a year ago.
Foster Electric Company, Limited is a Japan-based company principally engaged in the manufacture and sale of speakers, audio equipment and electronic equipment. The Company operates in three business segments. Speaker segment is involved in the manufacture and sale of audios, televisions as well as in-vehicle speakers and speaker systems. Mobile Audio segment is involved in the manufacture and sale of headphones, headsets, small speakers and professional microphones. Others segment is involved in the manufacture and sale of buzzer and sounder products for alarm sounds, FOSTEX brand products, as well as the provision of logistics services.
FOSTER ELECTRIC COMPANY, LIMITED 
