Sanno Co., Ltd. Announces Consolidated Earnings Results for the Second Quarter Ended January 2021
March 12, 2021 at 01:30 am EST
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SANNO Co., Ltd. announced consolidated earnings results for the second quarter ended January 2021. For the quarter, the company reported net sales of JPY 3,793 million against JPY 3,921 million for the same period last year. Operating profit was JPY 45 million against JPY 73 million for the same period last year. Ordinary loss was JPY 15 million against ordinary profit of JPY 46 million for the same period last year. Profit attributable to owners of parent was JPY 727 million against JPY 180 million for the same period last year. Basic Earnings per share was JPY 157.51 against JPY 39.19 for the same period last year.
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. 
