Sintokogio (6339) Earnings: Operating Profit Surges 55.1% YoY to 1,104 Million Yen, Net Profit Up 265.3%

Sintokogio, Ltd. (6339) released its financial results, reporting net sales of 39.815 billion yen, a 3.9% decrease compared to the same period of the previous year. Despite the slight drop in revenue, profitability showed a remarkable recovery, with operating profit jumping 55.1% year-on-year to 1.104 billion yen. Ordinary profit surged 175.7% to 1.391 billion yen, and net income attributable to owners of the parent skyrocketed by 265.3% to 681 million yen.

Meanwhile, return on equity (ROE) was -20.02% and return on assets (ROA) was -7.15%.