Prima Meat Packers (2281) Reports Earnings: Operating Profit Down 2.0% YoY to 2.478 Billion Yen

Prima Meat Packers (2281) has released its financial results, reporting net sales of 122.416 billion yen, representing a 5.7% increase compared to the same period of the previous year. On the profit front, operating profit decreased by 2.0% year-on-year to 2.478 billion yen, ordinary profit declined by 2.2% to 2.691 billion yen, and net income attributable to owners of the parent fell by 3.3% to 1.731 billion yen, resulting in higher revenues but lower profits. From a financial perspective, the equity-to-asset ratio stands at 50.9%. Operating cash flow showed a strong positive influx of 0.87 billion yen and free cash flow stood at 1.10 billion yen, reflecting solid cash generation capabilities alongside cash and cash equivalents of 5.23 billion yen.