Lasertec slumps after weaker-than-expected earnings

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TOKYO :Shares of Japan's Lasertec fell 16 per cent on Friday, a day after the maker of inspection equipment used in chipmaking reported weaker-than-expected first-quarter earnings.

Lasertec booked net income of 8.9 billion yen ($58.

The stock closed at 19,615 yen, falling below 20,000 yen for the first time since August.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Closed Lasertec Masks Earnings Topix Billion Year Cent Sales Analysts Expanding

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 12:56:38 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 305 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23362566

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