ASTI (6899) Reports Earnings: Operating Income Decreases 35.6% YoY to 159 Million Yen

ASTI (6899) has released its financial results, reporting net sales of 15,078 million yen (a 1.4% decrease year-over-year), operating income of 159 million yen (a 35.6% decrease), ordinary income of 241 million yen (a 6.7% increase), and net income attributable to owners of the parent of 64 million yen (a 54.6% decrease). While operating and net income declined compared to the same period of the previous year, ordinary income managed to post a year-over-year gain. Earnings per share (EPS) for the period stood at 20.77 yen.

Examining the financial foundation, the company maintains a solid equity ratio of 55.6% alongside retained earnings of 17.54 billion yen. Against interest-bearing debt of 11.87 billion yen, the company records an ROE of 3.18%, an ROA of 1.58%, and an EBITDA of 32.0 billion yen. Overall, despite the profit contraction in the latest reporting period, the company continues to maintain a stable financial standing supported by its solid equity base and accumulated internal reserves.