Fujitsu's operating profit up 12.6 per cent in fiscal 2007

Tokyo  - Fujitsu Ltd saw its operating profit jump 12.6 per cent in fiscal 2007, which ended in March, to 204.99 billion yen (1.99 billion dollars) on strong sales, the company said Monday.

But net profit plunged 53 per cent for the year to 48.11 billion yen on a range of one-off factors such as evaluation loss on inventories.

Sales rose 4.5 per cent to 5.33 trillion yen, especially in the computerized system integration services, personal computers and cellphones.

For the current year through March 2009, Fujitsu expected its operating profit to grow 7.3 per cent to 220 billion yen on sales of 5.35 trillion yen, up 0.4 per cent.

Net profit was to more than double in the year to 100 billion yen, the company said. (dpa)

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