Petgo (7140) Earnings Report: Sales Down 16.3% YoY with Operating Loss of 8 Million Yen

Petgo (7140) has released its financial results, reporting net sales of 1,651 million yen, representing a 16.3% decrease compared to the same period of the previous year. On the profit front, the company posted an operating loss of 8 million yen, ordinary loss of 12 million yen, and a net loss attributable to owners of the parent of 36 million yen. Earnings per share (EPS) stood at -19.19 yen.

Examining the financial structure and indicators, the equity ratio is 29.5%, interest-bearing debt stands at 1.27 billion yen, and retained earnings are 90 million yen. Furthermore, return on equity (ROE) was -24.13%, return on assets (ROA) was -8.34%, and EBITDA came in at -190 million yen, indicating that improving profitability remains a key challenge moving forward.