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Geomatec earnings more than double

Geomatec Co. Ltd., a Japanese maker of liquid crystal display-use glass boards, reported parent net earnings for the year ended 31 March 2001 of JPY 967 million versus JPY 418 million the year before….

Geomatec Co. Ltd., a Japanese maker of liquid crystal display-use glass boards, reported parent net earnings for the year ended 31 March 2001 of JPY 967 million versus JPY 418 million the year before. Earnings per share were JPY 105.66 versus JPY 45.75 the year before. Sales were JPY 28.45 billion compared to JPY 22.48 billion the previous year. Cash flow from operations came in at JPY 3.32 billion versus JPY 1.76 billion the year before. Geomatic, however, forecast a drop in net earnings in fiscal 2002 to JPY450 million. The company declared a JPY 16.50 dividend, the same as the year before.

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