Thursday, February 5, 2009

Sanyo suffers 36.3% drop in net profit

Special Report:Global Financial Crisis





TOKYO, Feb. 5 (Chinese media) -- Japan's electronics maker Sanyo announced

Thursday that its net profit dropped 36.3 percent year-on-year to 18.32 billion

yen (205.84 million U.S. dollars) in the April-December period.



Contracting sales and sharp appreciation of the yen are among the factors

behind the slump in net profit, according to Sanyo.

Meanwhile, Sanyo's consolidated operating profit plummeted by 44.9 percent

in the nine months to 30.83 billion yen (346.40 million dollars) on sales of

1.43 trillion yen (16.07 billion dollars).

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