Sanshin Electronics Co., Ltd. Announces Consolidated Earnings Results for Six Months Ended September 30, 2019;Provides Dividend Guidance for the Full Year Ending March 2020
November 04, 2019
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Sanshin Electronics Co., Ltd. announced consolidated earnings results for six months ended June 30, 2019. For the period, the company reported net sales of JPY 66,413 million compared to JPY 72,419 million a year ago. Operating profit was JPY 1,191 million compared to JPY 705 million a year ago. Net loss per share was JPY 44.83 compared to JPY 18.24 a year ago. Net profit was JPY 860 million compared to JPY 441 million a year ago. Ordinary profit was JPY 1,118 million compared to JPY 550 million a year ago.
For the full year, the company expected net sales of JPY 124,000 million, operating profit of JPY 2,150 million, net profit attributable to shareholders of parent company of JPY 1,500 million and net profit per share of JPY 78.21. Ordinary profit of JPY 1,900 million.
SANSHIN ELECTRONICS CO., LTD. is a Japan-based company mainly engaged in the sales of electronic devices and the providing of information technology (IT) solutions. The Company mainly operates in two segments. The Device segment is engaged in the sales of semiconductors and electronic components to electronics manufacturers, besides, it also provides technical support such as software development and module development. The Solution segment is engaged in information and telecommunications network business which provides infrastructure design, construction, operation and maintenance services to private enterprises, government agencies and municipalities.
Sanshin Electronics Co., Ltd. Announces Consolidated Earnings Results for Six Months Ended September 30, 2019;Provides Dividend Guidance for the Full Year Ending March 2020