Sanno Co., Ltd. Announces Consolidated Earnings Results for the Third Quarter Ended April 2020
June 11, 2020 at 02:30 am EDT
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SANNO Co., Ltd. announced consolidated earnings results for the third quarter ended April 2020. For the quarter, the company reported net sales of JPY 5,901 million against JPY 5,471 million a year ago. Operating income was JPY 138 million against operating loss was JPY 243 million a year ago. Net profit attributable to owners of parent was JPY 211 million or JPY 45.85 per basic share against net loss attributable to owners of parent was JPY 490 million or JPY 106.20 per basic 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. 
