Tokyo Electron (JP:8035) has released an update.
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Tokyo Electron Limited reports a robust increase in net sales and operating income for the first quarter ended June 30, 2024, with net sales rising by 41.7% and operating income by 101.1%, compared to the same period last year. The company also forecasts significant growth for the fiscal year ending March 31, 2025, projecting a 34.2% increase in net sales and a 61.3% rise in operating income. Despite the positive outlook, the company cautions that these financial forecasts are based on current information and reasonable assumptions, and actual results may differ.
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