Chugoku Marine Paints (4617) Earnings: Operating Profit Up 44.8% YoY to 5,681 Million Yen, Net Income Increases 50.7%

Chugoku Marine Paints (4617) has released its latest financial results, reporting strong performance with net sales reaching 37,802 million yen, a 16.0% increase compared to the same period of the previous year. Operating profit surged by 44.8% year-on-year to 5,681 million yen. Furthermore, ordinary profit grew 55.7% to 6,176 million yen, and net income attributable to owners of the parent rose 50.7% to 3,814 million yen. Earnings per share (EPS) stood at 76.89 yen.

Regarding the financial foundation and metrics, the company recorded a Return on Equity (ROE) of 5.97% and a Return on Assets (ROA) of 2.55%. The equity ratio stands at 60.4%, with interest-bearing debt at 15.94 billion yen and retained earnings at 67.40 billion yen, maintaining a solid financial base. With an EBITDA of 5.68 billion yen, the company continues to demonstrate steady business expansion backed by its stable financial position.