Tamron Co.,Ltd. Announces Earnings Results for the Six Months Ended June 30, 2019; Provides Earnings Guidance for the Year Ending December 31, 2019
August 05, 2019 at 02:00 am EDT
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Tamron Co.,Ltd. announced earnings results for the six months ended June 30, 2019. For the period, the company reported net sales of JPY 29,016 million against JPY 28,572 million a year ago. Operating income was JPY 2,252 million against JPY 1,959 million a year ago. Profit was JPY 1,931 million or JPY 75.04 per basic share against JPY 1,585 million or JPY 61.26 per basic share a year ago.
For the year ending December 31, 2019 the company expects net sales of JPY 65,000 million, operating income of JPY 5,900 million and profit attributable to owners of parent of JPY 4,130 million or JPY 160.49 per basic share.
Tamron Co.,Ltd. is a Japan-based company mainly engaged in manufacture and sale of photography-related, lens-related and special equipment-related products. The Company operates through three business segments. The Photography business is engaged in the manufacture and sale of interchangeable lenses for single-lens reflex cameras and interchangeable lenses for mirrorless cameras. The Special Equipment business is engaged in the manufacture and sale of lenses for surveillance cameras, vehicles, factory automation (FA) and machine vision. The Lens business is engaged in the manufacture and sale of video camera lenses, digital camera lenses, drone lenses, and various optical device components.