Home / Knowledge / News / Textiles / Nine months revenue rises 4.7% at Konica Minolta
Nine months revenue rises 4.7% at Konica Minolta
28
Jan '16
Konica Minolta, a Japan based technology solutions provider serving many industries, saw a rise of 4.7 per cent in its revenue to ¥762.3 billion in nine months (from April 1, 2015 to December 31, 2015 of fiscal 2016) as compared to ¥728.03 billion in the corresponding period of 2014, according to a press statement released by the company.

Profit for the nine months period fell by 11.3 per cent to ¥26.497 billion as compared to ¥29.868 billion in 2014 at Konica Minolta.

Total comprehensive income at the company for this period was ¥21.327 billion, a fall of 63.1 per cent as compared to ¥57.793 billion in 2014.

It reported total assets worth ¥985.46 billion and total equity worth ¥528.37 billion at the end of the nine months period.

In the forecast for full fiscal 2016, ending on March 31 of this year, the company expects revenue of ¥1,080 billion and operating profit of ¥73 billion.

The company has been working on various projects to drive innovation under its three-year, medium-term business plan – Transform 2016. The plan sets forth three goals: to realise sustainable profit growth, to transform into a customer-centric company and to establish a strong corporate structure. (MCJ)

Fibre2Fashion News Desk - India

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Unipar Carbocloro plant in the city of Cubatão, São Paulo state. Courtesy: Wikipedia

Textiles | On 10th Dec 2016

Brazil’s CADE clears Solvay’s 70.59% stake sale in Indupa

Brazil’s administrative council for economic defence (CADE) has...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search