Shinki Bus (9083) Earnings Report: Operating Income Decreases 57.0% YoY to 287 Million Yen

Shinki Bus (9083) has released its financial results, reporting net sales of 12,989 million yen, a 1.3% decrease compared to the same period of the previous year. Operating income fell 57.0% year-on-year to 287 million yen, ordinary income decreased 55.8% to 314 million yen, and net income attributable to owners of the parent dropped 77.8% to 109 million yen. Comprehensive income also declined by 70.6% to 239 million yen.

From a financial and valuation perspective, the company maintains a robust financial structure with an equity ratio of 71.4%. Retained earnings stand at a solid 45,060 million yen against interest-bearing debt of 6,090 million yen. Meanwhile, return on equity (ROE) registered at 0.22% and return on assets (ROA) at 0.15%, while earnings per share (EPS) came in at 9.05 yen.