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Company Info
Egmec Industry Co., Ltd. [China (Mainland)]
Business Type:Manufacturer, Trading Company, Agent
City: Ningbo
Province/State: Zhejiang
Country/Region: China (Mainland)
News
Parker Hannifin Announced Annual Earnings, Sales, Net Income and Earnings Per Diluted Share to Create A New Record
Shanghai, September 10, 2012, Parker Hannifin Corporation (NYSE code: PH) announced a quarter for fiscal year 2012 and 2012 fiscal year reporting. New record of US $ 13.1 billion in sales for fiscal year 2012, relative to last year's $ 12.3 billion in 6.5%, annual net profits relative to the $ 1.1 billion in the 2011 fiscal year 9.3%, creating a new record of us $ 1.2 billion, diluted earnings per share for fiscal year 2012 $ 7.45 per cent record when compared with last year's $ 6.37, increasing 17%. The 2012 financial year cash flow from operating activities amounted to us $ 1.5 billion, accounting for sales of 11.6%, which amounted to us $ 1.2 billion last year, accounting for sales of 9.5%.
Cash flows from operations for fiscal year 2011 includes the discretionary contribution company pension plans $ 400 million. 2012 fiscal year quarter in 4% under the influence of exchange losses, the company achieved sales of $ 3.4 billion, equal to the sales in the same period a year earlier. 2012 quarter net profits of $ 302.3 million for the financial year 2011, as compared to $ 294.7 million in IV quarter of the financial year, up 2.6%. 2012 fiscal year quarter diluted earnings per share of us $ 1.96, $ 1.79 per cent growth in the same period a year earlier to 9.5%. 2012 fiscal year quarter cash flow from operating activities of $ 523.9 million, sales 15.4%, and 2011, compared with $ 367 million, 10.8% per cent of sales. Fiscal 2011 quarter cash flow from operating activities included a discretionary contribution of $ 200 million company pension schemes. Parker Hannifin Corporation Chairman and CEO Don Washkewicz said, "in the case of slow global economic growth, we achieved record results, I am very pleased about.
Cash flows from operations for fiscal year 2011 includes the discretionary contribution company pension plans $ 400 million. 2012 fiscal year quarter in 4% under the influence of exchange losses, the company achieved sales of $ 3.4 billion, equal to the sales in the same period a year earlier. 2012 quarter net profits of $ 302.3 million for the financial year 2011, as compared to $ 294.7 million in IV quarter of the financial year, up 2.6%. 2012 fiscal year quarter diluted earnings per share of us $ 1.96, $ 1.79 per cent growth in the same period a year earlier to 9.5%. 2012 fiscal year quarter cash flow from operating activities of $ 523.9 million, sales 15.4%, and 2011, compared with $ 367 million, 10.8% per cent of sales. Fiscal 2011 quarter cash flow from operating activities included a discretionary contribution of $ 200 million company pension schemes. Parker Hannifin Corporation Chairman and CEO Don Washkewicz said, "in the case of slow global economic growth, we achieved record results, I am very pleased about.
Particularly worthy of mention is our annual operating margin surpassed 15%, this is what we start winning strategies (Win Strategy) of the goals set at the time. This was confirmed by the results for the year Parker Hannifin to a strong operational base of the company's efforts to restructure, and reflects the contribution to our global team. "Fiscal 2013 prospect for fiscal year 2013, the company has released a continuous operating earnings per diluted share of $ 7.1 to 7.9 trillion. 2013 fiscal year is expected to include about $ 0.35 per diluted share due domestic growth of pension expenditures.
This was mainly due, accounting requirements based on current market conditions using a lower discount rate. Washkewicz said: "according to our earnings prospects expectations for fiscal year 2013, will be another record year for that year. We'll keep on winning strategies (Win Strategy), continue on product and system innovation, strategic acquisition and distribution under the background of network expansion investments, we will again achieve outstanding performance. "
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