Brief: Payton Planar Magnetics H1 Net Profit Down At $4 Million

Payton Planar Magnetics

20/08/2019 17:21

Aug 20 (Reuters) - PAYTON PLANAR MAGNETICS LTD  PAPL.BR :
    * H1 NET PROFIT USD 4,028 THOUSAND
    * ECONOMY GLOBAL SLOWDOWN AND THE TRADE WAR BETWEEN THE
UNITED
STATES AND CHINA CAUSES UNCERTAINTY IN THE MARKETS.
    * H1 GROSS PROFIT AMOUNTED USD 8,020 THOUSAND (44% OF SALES)
COMPARED WITH USD 9,775 THOUSAND (44% OF SALES) YEAR AGO
    * CASH AND CASH EQUIVALENTS AND SHORT-TERM DEPOSITS AMOUNTED
TO A
TOTAL OF USD 29,698 THOUSAND AS AT JUNE 30, 2019
    * CASH FLOWS GENERATED FROM OPERATING ACTIVITIES FOR 
SIX-MONTH
PERIOD ENDED JUNE 30, 2019 AMOUNTED USD 4,294 THOUSAND
    * ORDER BACKLOG OF THE GROUP AS OF JUNE 30, 2019 WAS USD
15,194
THOUSAND
    * H1 SALES REVENUES WERE USD 18,066 THOUSAND COMPARED WITH
USD
22,056 THOUSAND YEAR AGO

Source text: https://bit.ly/2MsZATB
Further company coverage:  PAPL.BR 

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