LaKeel (4074) Earnings: Net Sales Down 8.1% YoY, Operating Profit Turns to Loss

LaKeel (4074) has released its latest financial results, reporting net sales of 3,937 million yen, representing an 8.1% decrease compared to the same period of the previous year. The company posted an operating loss of 71 million yen, an ordinary loss of 76 million yen, and a net loss attributable to owners of the parent of 72 million yen, resulting in red figures across profit stages. Comprehensive income also decreased to -54 million yen, down 113.7% year-on-year. Despite the revenue decline and the descent into operating losses, the company maintains a solid equity ratio of 57.5% and an EBITDA of 190 million yen. Furthermore, retained earnings stand at 2.2 billion yen against interest-bearing debt of 860 million yen, reflecting a stable underlying financial base amidst the challenging earnings period.