Home / Knowledge / News / Textiles / Shima Seiki earns 2.7bn yen net income in Q1 FY'13
Shima Seiki earns 2.7bn yen net income in Q1 FY'13
29
Jul '13
Shima Seiki Manufacturing Ltd., the Japan-based manufacturer of computerized knitting machines and other peripheral equipment, has grossed a net income of 2.712 billion yen during the three months ending June 30, 2013.
 
The company’s net sales grew 38.1 percent year-on-year to 12.231 billion yen during the April-June 2013 quarter of the current financial year, according to the financial results for the first quarter released by the company.
 
The operating income of the firm rose to 1.743 billion yen during the quarter under review, showing a sharp 851.7 percent growth compared to operating income of 183 million yen registered during the corresponding quarter of previous year.
 
The company earned net income of 2.712 billion yen during the first quarter compared to a loss of 1.068 billion registered during the same period last year.
 
The company expects its net income to grow by 128 percent year-on-year to 4 billion yen during the current financial year ending March 31, 2014.
 

Fibre2fashion News Desk - India


Interviews View All

Sanjay Yagnik, Maa Tex Speciality

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Abhishek Samdaria, Reflete

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Vidhyaa Shankar. S, A Ganapathi Chettiar

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Aaron Spivak,

Aaron Spivak

Canada-based Hush Blankets was founded by Lior Ohayon and Aaron Spivak to...

Martina Giorgetti,

Martina Giorgetti

Italy-based Cibitex is a manufacturer of textile finishing machinery,...

C Dhandayuthapani,

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Georg Reinhold, Trützschler  Nonwovens & Man-Made Fibers

Georg Reinhold
Trützschler Nonwovens & Man-Made Fibers

Trützschler Nonwovens & Man-Made Fibers, a part of the Trützschler Group,...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Mary-Cathryn Kolb, Brrr°

Mary-Cathryn Kolb
Brrr°

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Tony Ward, Tony Ward

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

Leave your Comments


September 2019

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

news category


Related Categories:

Advanced Search