Hokuriku Gas (9537) Earnings: Operating Profit Down 15.0% YoY to 1.495 Billion Yen

Hokuriku Gas (9537) has released its financial results, reporting operating profit decreased by 15.0% YoY to 1.495 billion yen. Net sales were 14.86 billion yen, a slight increase of 0.1% compared to the same period of the previous year. On the profit side, ordinary profit declined by 12.9% YoY to 1.645 billion yen, and net income attributable to owners of the parent fell by 1.9% YoY to 1.385 billion yen, while comprehensive income rose by 8.5% YoY to 1.515 billion yen.

From a financial and valuation perspective, the company maintains a robust financial foundation with a high equity ratio of 78.2%. Interest-bearing debt is kept at a minimal 0.6 billion yen, supported by substantial retained earnings of 477.8 billion yen, demonstrating excellent financial stability. Regarding profitability indicators, the return on equity (ROE) stands at 2.78%, the return on assets (ROA) is 1.98%, and earnings per share (EPS) is 297.04 yen.