Sinanen Holdings Co., Ltd. Reports Consolidated Financial Results for the First Quarter Ended June 30, 2020
August 11, 2020 at 11:00 pm EDT
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Sinanen Holdings Co., Ltd. reported consolidated financial results for the first quarter ended June 30, 2020. For the quarter, the company reported operating profit of ¥809 million and profit attributable to owners of parent of ¥260 million or ¥23.93 per share on net sales of ¥39,267 million against operating profit of ¥507 million and profit attributable to owners of parent of ¥1,105 million or ¥101.63 per share on net sales of ¥47,814 million for the same period of last year.
SINANEN HOLDINGS CO., LTD., is a Japan-based company mainly engaged in the energy wholesale and retail business, among others. It has three business segments. The Energy Wholesale and Retail segment (BtoB Business) is engaged in the sale of fuel such as liquefied petroleum (LP) gas, home energy peripheral business such as reform and gas appliance sales, home electric power sales business, supply of city gas, as well as security and delivery business of liquefied petroleum gas. Energy Solutions segment (BtoB Business) is engaged in the sales of various fuels such as petroleum products for large-scale customers, operation of gas stations, power supply development and corporate power sales business, sales of solar power generation systems and the provision of peripheral services, energy saving solutions business, housing equipment related business. Non-energy and Overseas segment includes antibacterial business, environment and recycling business, import and sale of bicycles and others.
SINANEN HOLDINGS CO., LTD. 
