Sunwels (9229) Earnings: Revenue Increases 10.5% YoY, Reports Operating Loss of 347 Million Yen

Sunwels (9229) has released its financial results, reporting revenue of 7,298 million yen, representing a 10.5% increase compared to the same period of the previous year. However, the company posted an operating loss of 347 million yen, an ordinary loss of 519 million yen, and a net loss of 557 million yen. Earnings per share (EPS) stood at -17.17 yen.

From a financial and valuation perspective, the return on equity (ROE) was -21.34% and the return on assets (ROA) was -3.91%, reflecting a decline in profitability. While EBITDA stood at 640 million yen, the equity ratio is 14.2%, and attention should be paid to the financial soundness including interest-bearing debt of 29,030 million yen and retained earnings of -1,730 million yen.