GAAP net income available to common shareholders was $11.8 million for
fiscal year 2019, or $0.38 per diluted share, compared to net loss of ($2.7) million, or ($0.09) per diluted share for
fiscal year 2018.
The factory automation systems business saw decreases in both orders and sales from the same period of the previous
fiscal year due primarily to a temporary slowdown in capital expenditures in the fields of organic light emitting diodes (OLED) and smartphones outside Japan, despite buoyant demand for exports mainly by machinery and semiconductor-related equipment manufacturers in Japan.
In the 2017-18
fiscal year, foreign direct investment (FDI) inflows reached US$3.43 billion, with an outflow of US$670 million and a net inflow of US$2.76 billion, up 0.8% year-on-year, achieving a third consecutive
fiscal year growth.
Total allocation for the federal ministries is estimated at Rs372.2 billion against original allocation of Rs450.3 billion in the outgoing
fiscal year. This allocation is about 53% of the total proposed PSDP.
Sales of new vehicle registrations experienced a year-on-year decrease for the second consecutive year (since
Fiscal Year 2018).
Annual non-GAAP net income for
fiscal year 2018 was $791 million, or $5.65 per diluted share, compared to $744 million, or $4.85 per diluted share for
fiscal year 2017.
In an obligation-based budget, inspection, verification and payment can be done even after the
fiscal year; the government has a running balance of due-and-demandable accounts payables.
However, the foreign loans to be obtained by Punjab in the upcoming
fiscal year are projected to be Rs62.99bn, Sindh Rs39.90bn, Khyber Pakhtunkhwa Rs30.45bn and Balochistan Rs4.07bn.
Out of Rs1.03 trillion, the share of Planning Ministry-administrated PSDP will be Rs825 billion, down from outgoing
fiscal year's level of Rs866 billion.
The country's shrimp output was 12,698 tons in the
fiscal year to March 2016.
Kyaw Win did not offer an explanation for the disappointing growth figures through the first six months of the current
fiscal year.
Optical Cable Corporation (Nasdaq GM: OCC) has achieved increases in net sales, gross profit and net income when compared to both third quarter of
fiscal year 2016 and fourth quarter of
fiscal year 2015, the company said.