Payton Planar Magnetics Ltd. announced unaudited consolidated revenue results for the second quarter and earnings results for the six months ended June 30, 2015. The Group's sales revenues for the six-month period ended June 30, 2015 were USD 13,583,000 compared with USD 11,161,000 in the six-month period ended June 30, 2014 (increase of 22%). The total operating profit for the first half-year of 2015 amounts to USD 2,182,000 compared to USD 945,000 the same period last year. Profit before income taxes was USD 2,202,000 against USD 916,000 reported last year. Profit was USD 1,771,000 or USD 0.10 per basic share against USD 916,000 or USD 0.04 per basic share reported last year. Cash flows generated from operating activities for the six-month period ended June 30, 2015 amounted to USD 2,718,000 compared with cash flows at the amount of USD 1,773,000 for the six-month period ended June 30, 2014. Investment in fixed assets was USD 989,000 against USD 377,000 reported last year.

Sales revenues in the second quarter of 2015 were USD 7,398,000 compared with USD 5,866,000 in the second quarter of 2014 (increase of 26%). The sales increase in the first half of 2015 was mainly from a ramp up in some maturing projects.