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Earnings Analysis: 
Hitachi Net Loss
Author: Trupti Mehta
123jump.com
Last Update: 8:12 AM ET May 11 2010


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Hitachi, Ltd 2009 revenues fell 10% to ¥8.97 trillion and net loss was ¥107 billion or ¥29.20 a share.

 
6:55 PM Tokyo, Japan - Hitachi, Ltd revenue fell 10% and net loss was ¥107 billion.

Hitachi, Ltd, the consumer electronics maker said 2009 revenues fell 10% to ¥8.97 trillion from ¥10.0 trillion a year ago. Net loss in the year was ¥107 billion or ¥29.20 per diluted share compared to net loss of ¥787.3 billion or ¥236.87 per share a year ago.

Hitachi, Ltd, in the last one year traded as high as ¥424.00 in April 2010 and as low as ¥227.00 in December 2009. Based on the yesterday’s closing price of ¥382.00 the company has market cap of ¥1.71 trillion.
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