Revenue for the Japanese electronics manufacturer reached 66.02 billion yen, up from 50.78 billion yen a year earlier. Operating profit saw a similarly robust expansion, rising to 8.96 billion yen compared to 4.85 billion yen in the prior period. Pretax profit followed the upward trend, hitting 8.90 billion yen against 4.94 billion yen previously. These results, calculated under IFRS standards, lifted earnings per share to 179.18 yen, nearly doubling the 98.76 yen reported last year.
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Sanyo Denki Profit Nearly Doubles as Revenue Climbs
Sanyo Denki Co. reported a sharp surge in profitability for the first half of the fiscal year ending September 30, with net profit climbing to 6.36 billion yen. The company’s performance marks a significant jump from the 3.51 billion yen recorded during the same period in the previous year.
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