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Apparel Maker Sanyo Shokai Logs 4,284-M.-Yen Net Loss

Apparel Maker Sanyo Shokai Logs 4,284-M.-Yen Net Loss

   Tokyo, June 30 (Jiji Press)--Major Japanese apparel maker Sanyo Shokai Ltd. <8011> on Tuesday reported a consolidated net loss of 4,284 million yen for March-May.
   The company booked extraordinary losses of 1.27 billion yen for allowances to sales staff and other costs as a result of prolonged closures of department stores, its main avenue of sales, following the government's state of emergency over the novel coronavirus epidemic.

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AFP-JIJI PRESS NEWS JOURNAL


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