Sanno Co.,Ltd. Announces Consolidated Earnings Results for the Third Quarter Ended April 2016; Provides Consolidated Earnings Guidance for the Fourth Quarter Ending July 2016
June 14, 2016 at 11:30 am EDT
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Sanno Co.,Ltd. announced consolidated earnings results for the third quarter ended April 2016. For the quarter, the company reported net sales of JPY 4,638 million against JPY 5,718 million a year ago. Operating loss was JPY 410 million against operating loss of JPY 128 million a year ago. Ordinary loss was JPY 449 million against ordinary loss of JPY 122 million a year ago. Net attributable to owners of parent was JPY 476 million or JPY 103.17 per basic share against JPY 1,137 million or 246.50 per basic share a year ago.
The company provided consolidated earnings guidance for the fourth quarter ending July 2016. For the fourth quarter ending July 2016, net sales of JPY 6,500 million, operating loss of JPY 450 million, ordinary loss of JPY 500 million and loss attributable to owners of parent of JPY 550 million or JPY 119.15 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. Announces Consolidated Earnings Results for the Third Quarter Ended April 2016; Provides Consolidated Earnings Guidance for the Fourth Quarter Ending July 2016
SANNO CO., LTD. 