Olympus have published their financial results for the quarter ended 30 June 2009, which show that the company is still making profits - but a lot less than a year ago. The company’s net earnings after taxes have shrunk to 1.8bn yen from 6.5bn yen in the same period of last year. The imaging business was particularly badly hit by the global economic crisis, as European and North American sales practically halved versus basis. Most of Olympus’ other businesses also saw a decrease in sales, though it was not quite as drastic as that of digital cameras. Domestic sales of diagnostic systems, surgical and endo-therapy appliances as well as infocommunication solutions have enjoyed some modest growth.

Website: Olympus Financial Results

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