Torex Semiconductor Ltd. announced consolidated earnings results for the first quarter ended June 30, 2019. For the year, the company reported net sales of JPY 4,797 million against JPY 6,203 million for the same period a year ago. Operating profit was JPY 78 million against JPY 675 million for the same period a year ago. Profit attributable to owners of parent was JPY 12 million against JPY 496 million for the same period a year ago. Earnings per share were JPY 1.07 against JPY 45.82 for the same period a year ago. Diluted earnings per share were JPY 1.07 against JPY 45.72 for the same period a year ago.

The company provided earnings guidance for the year ending March 31, 2020. For the year, the company expects net sales of JPY 23,600 million, operating profit of JPY 1,100 million, profit attributable to owners of parent of JPY 770 million and EPS of JPY 70.28.