Toho Acetylene (4093) Reports Earnings: Operating Profit Up 2.3% YoY to 451 Million Yen

Toho Acetylene (4093) has released its financial results, reporting operating profit up 2.3% year-on-year to 451 million yen. Net sales were 8,762 million yen, a 3.5% increase compared to the same period of the previous year. Ordinary profit inched up 0.3% to 509 million yen, and net income attributable to owners of the parent grew 1.1% to 285 million yen. Meanwhile, comprehensive income stood at 277 million yen, down 3.4% year-on-year.

In terms of financial standing and valuation metrics, the company maintains a solid equity ratio of 56.0%, reflecting a stable financial foundation. Retained earnings stand at 15.7 billion yen against interest-bearing debt of 3.26 billion yen. Profitability indicators show a Return on Equity (ROE) of 1.50% and a Return on Assets (ROA) of 0.84%, with earnings per share (EPS) recorded at 8.22 yen.