Pentax Posts $29.6M Net Profit, Four Times More than Before

Pentax K100D digital SLR Camera

Pentax must be doing something right; its net profit more than quadrupled in the Japanese fiscal year to March 2007. It posted ¥3.57 billion or $29.6 million, up from ¥805 million the year before. This is more than four times growth.

Pentax says their net profit was buoyed by sales of its high-end K10D and K100D digital cameras. For next year, the company forecasts a 6 percent rise in net profit as it expects continued brisk sales of their digital SLRs.

On the whole, the company’s operating profit jumped 89 percent to ¥5.65 billion even as revenue expanded 10.6 percent to a record ¥157.3 billion.

Pentax said they sold more than 300,000 units of DSLRs last year as new models such as the K100D gained acceptance worldwide. As a result, the company’s imaging division posted an operating profit of ¥3.1 billion, after losing ¥1.2 billion the year before.

[Via: Forbes.com]

Chris Malinao

About Chris Malinao

Chris teaches Lightroom as workflow software to photography students at the FPPF, Federation of Philippine Photographers Foundation. He also teaches smartphone photography.

VINTAGE SAMOCA 35 35mm Camera Japan w/ Case picture
VINTAGE SAMOCA 35 35mm Camera Japan w/ Case
SAMOCA 35 III FILM CAMERA 35MM RANGEFINDER 50mm F3.5 C. EZUMAR LENS WORKS JAPAN picture
SAMOCA 35 III FILM CAMERA 35MM RANGEFINDER 50mm F3.5 C. EZUMAR LENS WORKS JAPAN
Vintage Camera Samoca LE-II 35MM Film Camera with Samocar 1:28 picture
Vintage Camera Samoca LE-II 35MM Film Camera with Samocar 1:28
Samoca 35 M38 Rangefinder 35mm Film Camera W/Case & Original Box picture
Samoca 35 M38 Rangefinder 35mm Film Camera W/Case & Original Box
Rare Samoca 35 Camera 35mm Japan Made picture
Rare Samoca 35 Camera 35mm Japan Made