Disco Corporation ( (DISPF) ) has released its Q3 earnings. Here is a breakdown of the information Disco Corporation presented to its investors.
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DISCO Corporation is a prominent player in the semiconductor industry, specializing in the manufacture and sale of precision cutting and grinding equipment used in semiconductor production.
In its latest earnings report for the third quarter of fiscal year 2024, DISCO Corporation reported a significant increase in financial performance metrics, showcasing robust growth in various areas.
The company recorded net sales of 272,596 million yen, reflecting a substantial year-over-year increase from 203,255 million yen the previous year. Operating profit saw a remarkable rise to 115,098 million yen, compared to 75,363 million yen in the same period last year, while ordinary profit increased to 117,080 million yen. The net income for the nine-month period was an impressive 85,252 million yen, highlighting strong financial health. Moreover, DISCO Corporation announced a revision in its dividend forecast, indicating a year-end dividend per share of 231.00 yen.
Additionally, DISCO Corporation’s consolidated financial position remains strong, with total assets amounting to 628,786 million yen as of December 31, 2024, and an equity ratio of 72.0%. The company’s strategic focus on enhancing its financial and operational capabilities has been evident in these results.
Looking forward, DISCO Corporation maintains a positive outlook, anticipating continued growth with projected net sales of 373,000 million yen and net income of 112,900 million yen for the full fiscal year 2024. The management remains confident in navigating future challenges while leveraging opportunities in the semiconductor market.
