Hip (2136) Interim Earnings: Operating Profit Decreases 11.7% YoY to 130 Million Yen, Net Profit Down 8.3%

Hip (2136) announced its interim financial results, reporting a slight increase in revenue with net sales reaching 1,573 million yen, up 2.1% year-on-year. However, profit figures experienced a contraction, with operating profit declining 11.7% year-on-year to 130 million yen, ordinary profit decreasing 7.0% to 137 million yen, and interim net profit dropping 8.3% to 93 million yen. Despite the profit decrease, the company maintains a robust financial structure with an equity ratio of 71.5%. Retained earnings stand at a solid 3.42 billion yen, while ROE is recorded at 10.61% and ROA at 7.59%. Overall, the company continues to maintain a high level of financial stability and liquidity to support its business operations.