• Fri
  • Aug 29, 2014
  • Updated: 4:25pm

Rise for Sanyo

PUBLISHED : Saturday, 16 July, 1994, 12:00am
UPDATED : Saturday, 16 July, 1994, 12:00am

JAPANESE consumer electronics maker Sanyo Electric said sales of stock holdings helped triple its current profit in the six months to May 31 from the same period last year.


The company sold 9.3 billion yen (about HK$734 million) in stock from its portfolio to help current profit reach 6.7 billion yen for the period, up from 2.7 billion yen last year.


Sanyo posted an operating loss, or loss on its actual business operations, of 5.77 billion yen in the half-year, up from a 12.58 billion yen loss in the same period last year.


Sales rose 0.6 per cent to 503.8 billion yen.


Share

For unlimited access to:

SCMP.com SCMP Tablet Edition SCMP Mobile Edition 10-year news archive
 
 

 

 
 
 
 
 

Login

SCMP.com Account

or