Brother profits up

May 15, 2017

The OEM published its annual statement of results for fiscal year ended 31 March 2017.

In the statement released on the website sales revenue shows a decrease of six percent from ¥6.82 billion (€55 million $60 million) in the previous year to ¥64.1 billion (€51 million $56 million) although profits are up 14% resulting in a dividend payout of ¥42.00 (€0.33 $0.37) up from ¥36.00 (€0,29 $0.32) in the previous year.

For the fiscal year ending 31 March 2018 Brother is predicting a two percent growth in sales revenue to ¥65.5 billion (€53 million $58 million) giving a ¥48.00 dividend payout to its shareholders.

 

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