CDS (2169) Earnings: Operating Income Decreases by 48.0% YoY to 239 Million Yen, Net Income Down 48.8%

According to the latest financial data released by CDS (2169), net sales for the period came in at 4,113 million yen (down 11.6% year-on-year), operating income was 239 million yen (down 48.0% year-on-year), ordinary income reached 251 million yen (down 46.2% year-on-year), and net income attributable to owners of the parent was 159 million yen (down 48.8% year-on-year). Despite the decrease in revenue and profit, the company secured cash and cash equivalents of 3.94 billion yen, with positive operating cash flow of 820 million yen. Free cash flow stood at -220 million yen, while EBITDA was 310 million yen. Additionally, Return on Equity (ROE) was 3.74% and Return on Assets (ROA) was 2.94%.