SAKAE ELECTRONICS CORPORATION [7567.T]
TOKYO, May 14 (Pulse News Wire) – SAKAE ELECTRONICS CORPORATION (7567.T) reported a decline in revenue but saw an increase in operating profit for its latest quarter ending March 2024. Revenue was ¥10.839 billion compared to ¥15.944 billion in the previous quarter, while operating profit rose to ¥292 million from ¥282 million.
For the same period, net income stood at ¥231 million, down slightly from ¥254 million in the prior quarter. Sales orders totaled ¥8.42 billion, reflecting a continued focus on cost management and operational efficiency. The company's capital remained stable at ¥4.063 billion.
In addition, SAKAE ELECTRONICS maintained strong liquidity with cash and deposits totaling ¥1.492 billion. The firm’s equity ratio improved to 86.4%, indicating robust financial health. The company also declared a dividend payout ratio of 28.84%.
Looking ahead, SAKAE ELECTRONICS continues to navigate market challenges while maintaining profitability through strategic cost controls and efficient operations.
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