Pentax Profitable Again

February 11, 2010 | Zoltan Arva-Toth | Global | 2 Comments | |
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Hoya’s financial report on the quarter that ended on 31 December 2009 says that Pentax is making a profit again. While Pentax’s endoscope business is still ailing due to restrained buying by medical organisations, the camera department reports an increase in the number of [digital] SLR cameras sold. This alone would not have led to profits though, as tough price competition has caused Pentax’s operating income to actually shrink despite rising sales volumes - the fact that Pentax turned profitable from making losses in the same period of the previous year has more to do with cost reduction, achieved via reorganisation, Hoya says.

Source: Hoya

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#1 Gregory Foreman

This is great new for us Pentax users and photographers in general. The more viable camera companies that exist allows for continuing new technology and better prices all around. Kudos Pentax!

6:21 pm - Thursday, February 11, 2010

#2 Taif Greta

Glad to hear this, i have some expensive lenses and a K20D i find great quality equipment. Not the best of the best but also not the most expensive. Definitely a bang for the bucks

11:25 pm - Friday, February 12, 2010