E Ink Holdings increased its revenue and operating profit, but net profit dropped significantly
Company E Ink Holdings has published a report on the results of the third quarter of fiscal 2016. Revenue producer for the quarter amounted to 139,56 million dollars, which corresponds to the growth in annual expression on 2,8%, and quarter over quarter by 24%. About 70% of the proceeds provide sales display E Ink.
Operating profit for the year grew by 22% and for the quarter — of 152.6%, to 13.6 million dollars. Net profit was $ 16 million, which is 36% lower than a year earlier.
The company reminds that next year the business will be associated with electrophoretic displays, as LCD screens and E Ink to produce stop.