Emerson today reported results for its fiscal second quarter ended March 31, 2024. Quarterly net sales were $3,756 million, compared with $4,376 million in the prior-year period. Quarterly net income attributable to common shareholders was $792 million, compared with $501 million in the year-ago quarter.
Otis Worldwide Corporation announced its first quarter 2024 results. Quarterly net sales were $3.437 billion, compared with $3.346 billion in the year-ago quarter. Quarterly net income was $353 million, compared with $331 million a year ago.
PXIe-4139 Japan’s TDK Corporation announces results for the fiscal year ended March 31, 2024. Net sales for the fiscal year were 2,103.9 billion yen (approximately $13.5 billion), compared with 2,180.8 billion yen in the previous year. Operating profit for the year was 172.9 billion yen, compared with 168.8 billion yen in the previous year. Net profit attributable to owners of the parent company for the full year was 124.7 billion yen, compared with 114.2 billion yen in the previous year.
Amphenol announces first quarter 2024 results. Quarterly net sales were $3,256 million, compared with $2,974 million in the prior-year period. Net income attributable to the company for the quarter was $549 million, compared with $439 million in the year-ago quarter.
KYOCERA CORPORATION announced its results for the year ended March 31, 2024. Sales revenue for the fiscal year was 2,004.2 billion yen (approximately $12.9 billion), compared with 2,025.3 billion yen in the previous year. Operating profit for the year was 92.9 billion yen, compared with 128.5 billion yen in the previous year. Net profit attributable to the owner of the parent company for the full year was 101.1 billion yen, compared with 128 billion yen in the previous year.
PXIe-4139 Vestas Wind Systems, Inc. (Vestas) announced its first quarter 2024 results. Quarterly revenue was 2.681 billion euros ($2.91 billion), compared with 2.829 billion euros a year earlier. Net loss for the period was €75 million, compared with a profit of €16 million a year earlier.
Shanghai Electric releases 2024 first Quarter Report. During the reporting period, the company achieved an operating income of 20.587 billion yuan (approximately 2.85 billion US dollars), a decrease of 3.3% year-on-year. Net profit attributable to shareholders of listed companies was RMB 3200.9 million, down 91.27% year-on-year. Net loss attributable to shareholders of listed companies after deducting non-recurring gains and losses amounted to RMB120 million.
Murata Manufacturing’s consolidated financial results for the fiscal year 2023 (ending March 2024) showed that sales fell 3% year-on-year to 1.6401 trillion yen (about 10.5 billion U.S. dollars), and net profit fell 26% to 180.8 billion yen.
Chint Electric, the leader of low-voltage appliances and household photovoltaic, released its first quarter performance report for 2024. The company achieved operating revenue of 15.917 billion yuan (about 2.2 billion U.S. dollars), up 1.12% year-on-year, and net profit attributable to the parent was 1.081 billion yuan, down 10.06% year-on-year.
Rockwell Automation announced results for its fiscal second quarter ended March 31, 2024. Quarterly sales were $2.226 billion, compared with $2.275 billion in the year-ago quarter. Net income attributable to the company for the quarter was $266 million, compared to $300 million in the year-ago quarter.
Dongfang Electric released the first quarter report of 2023. The operating income was 14.433 billion yuan (approximately US $2 billion), up 4.44% year on year; The net profit attributable to the owner of the parent company was 1.019 billion yuan, an increase of 10.04% year-on-year.
Fuji Electric Co., Ltd. announced its results for the fiscal year ended March 31, 2024. Net sales for the fiscal year were 1,103.2 billion yen (approximately $7.085 billion), compared with 1,009.4 billion yen in the previous year. Operating profit for the year was 106.1 billion yen, compared with 88.9 billion yen in the previous year. Net profit attributable to owners of the parent company for the full year was Y75.4 billion, compared with Y61.3 billion in the previous year.