Finally the Olympus camera division is in the black

Started Nov 8, 2015 | Discussions thread
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BostonC Contributing Member • Posts: 637
Finally the Olympus camera division is in the black
8

First time in six years.

Some key stats for (Apr-Sep 2015), compared w the same period last yr:

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mirrorless sales up 22%, units sold up 21%

--compact is down 11%

--the camera division as a whole up 10% in sales

--gross profit for the division increased from -3.7bil JPY to +0.1bil JPY (not much, but better than -. )

The company is doing even better as a whole: sales up 12%; net profit up 60%(a bit weird here)

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