SANNO Co., Ltd. Reports Consolidated Earnings Results for First Quarter Ended October 2020
December 14, 2020 at 01:30 am EST
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SANNO Co., Ltd. reported consolidated earnings results for first quarter ended October 2020. For the period, the company’s net sales were JPY 1,994 million compared to JPY 1,821 million a year ago. Operating profit was JPY 13 million compared to loss of JPY 60 million a year ago. Profit attributable to owners of parent was JPY 9 million or JPY 2.11 per basic and diluted share compared to loss of JPY 84 million or JPY 18.37 per basic and diluted share a year ago.
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. 
