QD Laser’s Mixed Results and Growth Plans

QD Laser, Inc. (JP:6613) has released an update.

QD Laser, Inc. reports a decline in sales and profits for the first half of FY2024, with sales at 559 million yen and an operating loss of 295 million yen. Despite these declines, the laser device business performed well, exceeding initial plans and offsetting challenges in the visual information device sector. The company has also unveiled a mid-term business plan targeting significant growth by FY2026, with potential sales of 1,948 million yen.

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