According to the consolidated performance report issued by UEX Co., Ltd., a well-known stainless steel processing seller in Japan, as of the first three quarters of fiscal year 2019 (April December 2019), its sales increased by 12.1% to JPY 42203.21 million, its operating profit decreased by 25.5% to JPY 90118.7 million, its current profit decreased by 29.4% to JPY 91496.3 million, and its net profit attributable to the parent company The year-on-year decrease was about 38.3% to y56883.6 million.
Sales business of stainless steel and other metal materials: the price of stainless steel of UEX monomer rose by 0.7% year on year, but the sales volume fell by 6.4% year on year, and the sales volume of related subsidiaries also fell. As a result of joining two new subsidiaries in August 2019, the sales increased by 13.1% to JPY 4097235.9 million year on year, but the operating profit decreased by 28.6% to JPY 75531 million year on year.
Manufacturing and sales of stainless steel and other metal processing products: Sales of stainless steel processing products in the domestic construction sector decreased by 5% year-on-year to 8022.4 million yen. Operating profit rose 3.4% to jpy13801.3 million year-on-year as earnings from China's manufacturing and management enterprises improved.
Machinery manufacturing, sales and Engineering: sales fell 26.3% to 42864.6 million yen year on year, and operating profit fell 59.2% to 786400 yen year on year.
