Ibiden 2Q Sales Up 9% YoY


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Japanese PCB maker Ibiden Co. Ltd has posted a net sales of ¥213.58 billion ($1.4 billion at $1:¥148.53) for the second quarter ended September 30, 2022, up by 9% from the same period in the previous fiscal year.

Operating profit reached ¥41.4 billion ($278.65 million), an increase of 18% from the second quarter of FY 2021, while ordinary income totaled ¥45.5 billion ($306.46 million), an increase of 27% year-on-year.

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