Japan Petroleum Exploration(1662) Earnings: Operating Income Decreased 62.9% YoY to 6,202 Million Yen

Japan Petroleum Exploration (1662) has released its financial results, reporting net sales of 65,114 million yen, a 21.4% decrease compared to the same period of the previous year. Operating income came in at 6,202 million yen, down 62.9% YoY, while ordinary income reached 5,773 million yen, a 72.3% decrease. Net income attributable to owners of the parent was 3,240 million yen, representing a 79.4% decline year-on-year. Despite the revenue and profit contraction, the company maintains a solid financial foundation with an equity ratio of 68.8%. Retained earnings stand at a substantial 477,770 million yen, reflecting a strong capital reserve. Meanwhile, the return on equity (ROE) is 0.66% and the return on assets (ROA) is 0.38%, marking key metrics for evaluating the company's profitability and capital efficiency moving forward.