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An announcement from Sanix Incorporated ( (JP:4651) ) is now available.
Sanix Holdings reported its consolidated financial results for the first quarter of the fiscal year ending March 2026, showing a slight increase in net sales by 2.4% compared to the previous year. However, the company faced a decline in profits, with operating and ordinary profits both in negative figures, indicating challenges in maintaining profitability despite increased sales. The equity-to-asset ratio also decreased, reflecting a weaker financial position. The forecast for the full fiscal year anticipates a modest growth in net sales and a significant improvement in profits, suggesting a strategic focus on enhancing operational efficiency.
More about Sanix Incorporated
Sanix Holdings Incorporated operates in the environmental services industry, primarily focusing on waste management and recycling solutions. The company is listed on the Tokyo and Fukuoka Stock Exchanges and aims to provide sustainable environmental solutions.
Average Trading Volume: 120,313
Current Market Cap: Yen10.23B
Learn more about 4651 stock on TipRanks’ Stock Analysis page.