SANNO Co., Ltd. Announces Consolidated Earnings Results for the Year Ended July 31, 2021
September 14, 2021 at 12:00 pm IST
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SANNO Co., Ltd. announced consolidated earnings results for the year ended July 31, 2021. For the period, the company reported net sales of JPY 8,051 million against JPY 7,947 million for the same period last year. Operating profit was JPY 262 million against JPY 179 million for the same period last year. Ordinary profit was JPY 243 million against JPY 86 million for the same period last year. Profit attributable to owners of parent was JPY 966 million against JPY 171 million for the same period last year. Basic Earnings per share was JPY 209.31 against JPY 37.14 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.