Kyocera's (TYO:6971) profit attributable to owners of the parent plunged 36.1% to 36.1 billion yen in the fiscal first half ended Sept. 30, from 56.5 billion yen a year ago mainly due significant decline in demand for its products and increased expenses.

Basic earnings per share (EPS) fell to 25.61 yen from 39.90 yen a year ago, according to a filing on Oct. 30.

The electronic company's sales revenue gained 1.3% to 998.6 billion yen from 985.3 billion yen a year earlier.

It forecasted attributable profit to drop 29.8% to 71 billion yen or 50.40 yen per share and sales revenue to gain 0.8% to 2.02 trillion yen for the fiscal year ending March 31, 2025.

It declared an interim dividend of 25 yen per share, payable from Dec. 5.

The company expects to pay a year-end dividend of 25 yen per share for the current fiscal year.