Miyoshi Oil & Fat (4404) Earnings: Operating Profit Surges 129.5% to 1.269 Billion Yen

Miyoshi Oil & Fat (4404) announced its financial results, reporting net sales of 31,406 million yen, an increase of 6.3% compared to the same period of the previous year. Profitability showed significant growth, with operating profit surging 129.5% year-on-year to 1,269 million yen, and ordinary profit increasing by 136.5% to 1,268 million yen. Meanwhile, net income attributable to owners of the parent stood at 838 million yen (down 90.4% year-on-year), and comprehensive income was 1,873 million yen (down 79.1%).

Looking at the financial base and metrics, the Return on Equity (ROE) is 4.95% and the Return on Assets (ROA) is 1.97%. EBITDA reached 2.22 billion yen, and the equity ratio stands at 50.3%, maintaining a stable financial foundation with interest-bearing debt of 17.73 billion yen and retained earnings of 19.99 billion yen.