Profit attributable to owners of parent equity also experienced a healthy rise of 29.3 per cent, totalling 2.787 billion yen, up from 2.155 billion yen in the prior year, the company said in a press release.
Sanyo Shokai reported net sales of 61.353 billion yen (approximately $396.9 million) in FY24, a 5.3 per cent increase.
Operating profit rose 36.3 per cent to 3.047 billion yen, with ordinary profit up 30.7 per cent at 3.184 billion yen.
EPS grew to 238.96 yen.
The company reported ordinary profit to total assets ratio of 5.6 per cent in FY24.
Earnings per share (EPS) significantly increased to 238.96 yen from 178.68 yen, marking a significant return for shareholders. Sanyo Shokai also reported an ordinary profit to total assets ratio of 5.6 per cent and an operating profit to net sales ratio of 5 per cent.
Fibre2Fashion News Desk (DP)