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Sanko Metal Reports Positive Financial Shift

Sanko Metal Reports Positive Financial Shift

Sanko Metal Industrial Co., Ltd. (JP:1972) has released an update.

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Sanko Metal Industrial Co., Ltd. has reported an increase in net sales to 8,381 million yens, up 11.2% from the previous year, alongside a positive shift in operating profit to 1 million yens compared to a loss the year before. Total assets decreased slightly to 37,647 million yens, but the company maintained a strong capital adequacy ratio of 64.3%. Basic earnings per share improved to 1.66 yens from a negative figure in the prior year.

For further insights into JP:1972 stock, check out TipRanks’ Stock Analysis page.

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