Torex Semiconductor Ltd. reported consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales of JPY 5,713,555,000 as compared to JPY 5,227,355,000 for the same period last year. Operating profit was JPY 455,145,000 against JPY 204,023,000 a year ago. Ordinary profit was JPY 465,938,000 as compared to ordinary loss of JPY 384,524,000 for the same period last year. Profit before income taxes was JPY 480,785,000 as compared to JPY 2,107,099,000 for the same period last year. Profit attributable to owners of parent was JPY 234,062,000 as compared to JPY 2,209,838,000 for the same period last year. Diluted earnings per share were JPY 25.87 as compared to JPY 221.75 for the same period last year.

For the six months ending September 30, 2017, the company expects net sales of JPY 11,100 million, operating profit of JPY 600 million, ordinary profit of JPY 550 million, profit attributable to owners of parent of JPY 280 million and earnings per share of JPY 31.04.

For the full year ending March 31, 2018, the company expects net sales of JPY 22,300 million, operating profit of JPY 1,400 million, ordinary profit of JPY 1,300 million, profit attributable to owners of parent of JPY 750 million and earnings per share of JPY 83.16.

For the fiscal year ending March 31, 2018, the company expected a dividend of JPY 16 per share compared to dividend paid JPY 16 per share for the same period a year ago.
The company expects to pay a dividend of JPY 16 per share for the half year ending September 30, 2017.