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Ibiden Reports Lower Revenues in 1Q FY 2023
August 8, 2023 | IBIDENEstimated reading time: Less than a minute
Japanese printed circuit board (PCB) maker Ibiden Co. Ltd has reported net sales of 94,601 million yen for the first quarter ended June 30, 2023, down by 3.8% compared with the same period in the previous fiscal year. Operating profit reached 8,181 million yen, down by nearly 55% year-on-year (YoY), while ordinary profit fell by almost 50% YoY to 10,197 million yen.
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