Konoike Transport (9025) Reports Earnings: Operating Profit Decreases 4.6% YoY to 6.375 Billion Yen

Konoike Transport (9025) has released its financial results, reporting net sales of 89.007 billion yen (a 0.3% decrease year-on-year), operating profit of 6.375 billion yen (a 4.6% decrease), ordinary profit of 6.444 billion yen (a 3.5% decrease), and net income attributable to owners of the parent of 3.826 billion yen (a 17.3% decrease). Meanwhile, comprehensive income expanded significantly by 133.2% year-on-year to 5.374 billion yen. From a financial perspective, the company maintains a solid equity ratio of 52.5%, with retained earnings reaching 149.48 billion yen. The company has secured cash and cash equivalents of 60.94 billion yen, alongside a robust cash flow profile featuring 24.86 billion yen in operating cash flow and 8.63 billion yen in free cash flow, supported by interest-bearing debt of 58.25 billion yen.