SANNO Co., Ltd. Provides Earnings Guidance for the First Half and Full Year of Fiscal Year Ending July 2021
December 14, 2020 at 01:30 am EST
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SANNO Co., Ltd. provided earnings guidance for the first half and full year of fiscal year ending July 2021. For the full year ending July 2021, the company expects net sales of JPY 6,600 million, operating profit of JPY 140 million, and profit attributable to owners of parent of JPY 375 million or JPY 81.24 per basic share.
For the six months ending January 2021, the company expects net sales of JPY 3,300 million, operating loss of JPY 25 million, and Profit attributable to owners of parent of JPY 245 million or JPY 50.08 per basic share.
SANNO CO., LTD. is a Japan-based company engaged in precision press processing and mold manufacture for connectors, switches and other electronic components, as well as the precious metal surface treatment business. The Company operates in two businesses. The precision press processing business is engaged in the design and manufacture of molds, the press processing of press materials, as well as the manufacture of molded hoops. The surface treatment processing segment is engaged in the high-speed gold coating process, palladium nickel alloy coating process and continuous gold coating process for molding press products, such as connectors, switches and integrated circuit (IC) sockets.
SANNO CO., LTD. 
