Tera Probe, Inc. Reports Consolidated Earnings Results for the First Half Ended September 30, 2016; Provides Consolidated Earnings Guidance for the Nine Months Ending December 31, 2016
October 26, 2016
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Tera Probe Inc. reported consolidated earnings results for the first half ended September 30, 2016. For the period, the company reported net sales of JPY 8,430 million compared to JPY 11,632 million a year ago. Operating income was JPY 703 million compared to JPY 1,584 million a year ago. Ordinary income was JPY 715 million compared to JPY 1,554 million a year ago. Net income attributable to owners of the parent was JPY 226 million compared to JPY 165 million a year ago. Net income per share was JPY 24.35 compared to JPY 17.85 a year ago. Profit before income taxes and minority interest was JPY 668.145 million compared to JPY 507.429 million a year ago. Net cash provided by operating activities was JPY 3,056.013 million compared to JPY 2,983.17 million a year ago. Purchase of property, plant and equipment was JPY 5,990.419 million compared to JPY 3,672.019 million a year ago. Purchase of intangible assets was JPY 29.086 million against JPY 24.697 million a year ago.
The company provided consolidated earnings guidance for the nine months ending December 31, 2016. For the period, the company expects net sales of JPY 13,300 million, operating income of JPY 1,250 million, ordinary income of JPY 1,250 million and net income attributable to owners of parent of JPY 450 million or JPY 48.48 per share.
Tera Probe, Inc. is a Japan-based company mainly engaged in wafer testing, and final test consignment. The Company operates in two business segments. The Memory segment is mainly engaged in the contract wafer testing business of dynamic random access memory (DRAM) produced by semiconductor manufacturers and fabrication factories. The System Large-scale Integration (LSI) segment is principally involved in the contract wafer testing business of semiconductor products such as System on Chips (SoCs), image sensors and analogs produced by domestic and international semiconductor manufacturers and fabrication factories. This segment also operates contract final testing business.
Tera Probe, Inc. Reports Consolidated Earnings Results for the First Half Ended September 30, 2016; Provides Consolidated Earnings Guidance for the Nine Months Ending December 31, 2016