gasworld Business Intelligence provides you with the latest analysis of Taiyo Nippon Sanso’s Q4 2015 earnings report.
Headlines
- Total reported sales in Q4 were up nearly 10%, at ¥151bn ($1.25bn) – this represents an acceleration to the highest rate since early 2014.
- Total operating income was again up strongly, by over 25% YoY, at over ¥12bn ($100m) – continuing the profit recovery of the last two years.
- Corporate operating margin continues to trend upwards towards 8%, but remains significantly below the average of other major gas companies.
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