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Olympus Posts Record First-Half Profit
Nov 11, 2003
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Robust sales of digital cameras helped Olympus Corp. post a record profit in the fiscal first half ended Sept. 30, 2003.

The optical equipment maker said its net profit grew 15.6 percent to 15.5 billion yen (approx. U.S. $142.1 million) and sales rose 15.3 percent to 299.66 billion yen in the 6-month period.

The firm said demand overseas for digital cameras overseas grew 71 percent in the period from a year earlier, leading it to revise its full-year shipment to 7.8 million units from 7.2 million. In fiscal 2002, it shipped 4.4 million digital cameras. (The Japan Times)

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