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Japan's Sanyo Shokai's sales rise 5.3% in FY24
17 Apr 24 1 min read
Insights
- Sanyo Shokai reported net sales of 61.353 billion yen (approximately $396.9 million) in FY24, a 5.3 per cent increase.
- Operating profit rose 36.3 per cent to 3.047 billion yen, with ordinary profit up 30.7 per cent at 3.184 billion yen.
- EPS grew to 238.96 yen.
- The company reported ordinary profit to total assets ratio of 5.6 per cent in FY24.
Profit attributable to owners of parent equity also experienced a healthy rise of 29.3 per cent, totalling 2.787 billion yen, up from 2.155 billion yen in the prior year, the company said in a press release.
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Earnings per share (EPS) significantly increased to 238.96 yen from 178.68 yen, marking a significant return for shareholders. Sanyo Shokai also reported an ordinary profit to total assets ratio of 5.6 per cent and an operating profit to net sales ratio of 5 per cent.
Fibre2Fashion News Desk (DP)
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