Kyoto Hotel (9723) Reports Earnings: Operating Profit Decreases 12.1% YoY to 355 Million Yen, Net Profit Down 22.9%

Kyoto Hotel (9723) has released its financial results, reporting net sales of 2.51 billion yen, a 1.2% decrease compared to the same period of the previous year. On the profit front, operating profit declined by 12.1% year-on-year to 355 million yen, ordinary profit decreased by 17.4% to 298 million yen, and net income fell by 22.9% to 251 million yen. Earnings per share (EPS) stood at 20.01 yen.

Cash and cash equivalents were recorded at 4.14 billion yen, alongside interest-bearing debt of 11.68 billion yen and retained earnings of 2.55 billion yen, resulting in an equity ratio of 21.3%. While the company maintains solid liquidity with its cash reserves, market participants will likely monitor the balance between debt and equity as future business trends unfold.