Nippon Gas (8174) Earnings: Operating Profit Up 5.0% YoY to 3.836 Billion Yen, Ordinary Profit Increases 4.2%

Nippon Gas (8174) has released its financial results, reporting that operating profit increased by 5.0% year-on-year to 3.836 billion yen. Net sales were 49.91 billion yen, representing an increase of 8.8% compared to the same period of the previous year. On the profit front, ordinary profit grew 4.2% to 3.819 billion yen. Meanwhile, net income attributable to owners of the parent stood at 2.593 billion yen, a slight decrease of 1.4% year-on-year, while comprehensive income increased by 16.4% to 2.928 billion yen.

Examining the financial foundation and profitability metrics, the equity ratio stands at 42.7% with retained earnings of 51.12 billion yen. Regarding profitability indicators, Return on Equity (ROE) was recorded at 4.32%, and Return on Assets (ROA) stood at 1.75%. Additionally, EBITDA came in at 3.84 billion yen, highlighting a stable financial foundation and steady operational performance.