Hove (1382) Reports Earnings: Net Sales Down 1.7% YoY, Operating Loss of 22 Million Yen

Hove (1382) has released its latest financial results, reporting net sales of 2,372 million yen, representing a 1.7% decrease compared to the same period of the previous year. On the profit front, the company posted an operating loss of 22 million yen, an ordinary loss of 18 million yen, and a net loss attributable to owners of the parent of 27 million yen. The operating profit margin stood at -0.9%, with an ROE of -4.05% and an ROA of -2.55%.

Cash flow from operating activities remained positive at 155 million yen, while cash flows from investing and financing activities were -13 million yen and -41 million yen, respectively. Additionally, EBITDA stood at -0.0 billion yen, free cash flow at 140 million yen, and cash and cash equivalents at 410 million yen. While profitability remains a near-term challenge, the positive operating cash flow and solid cash reserves provide a stable base for future operational recovery.