trending Market Intelligence /marketintelligence/en/news-insights/trending/P1Up5AFBs-HmImAdJzjzRg2 content esgSubNav
In This List

Sanko Marketing Foods fiscal Q2 profit climbs YOY

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds


Sanko Marketing Foods fiscal Q2 profit climbs YOY

Sanko Marketing Foods Co. Ltd. said its normalized net income for the fiscal second quarter ended Dec. 31, 2015, came to ¥9.51 per share, a gain from ¥1.91 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥136.9 million, a gain from ¥27.5 million in the year-earlier period.

The normalized profit margin climbed to 3.8% from 0.7% in the year-earlier period.

Total revenue fell 5.5% on an annual basis to ¥3.61 billion from ¥3.82 billion, and total operating expenses fell 9.5% from the prior-year period to ¥3.43 billion from ¥3.79 billion.

Reported net income came to ¥208.0 million, or ¥14.46 per share, compared to a loss of ¥192.0 million, or a loss of ¥13.35 per share, in the prior-year period.

As of Feb. 12, US$1 was equivalent to ¥112.83.