Hiramatsu (2764) Earnings: Operating Profit Decreased by 62.3% YoY to 26 Million Yen

Hiramatsu (2764) announced its financial results, reporting net sales of 2.543 billion yen, representing a 4.6% increase compared to the same period of the previous year. However, profit figures experienced significant declines, with operating profit dropping by 62.3% YoY to 26 million yen, ordinary profit decreasing by 51.5% YoY to 33 million yen, and net income attributable to owners of the parent falling by 47.6% YoY to 31 million yen. Basic earnings per share (EPS) stood at 0.44 yen. On the financial front, the company maintained an equity ratio of 52.5%, indicating a relatively stable capital structure. Interest-bearing debt was recorded at 3.54 billion yen, while retained earnings stood at 310 million yen, highlighting the ongoing importance of earnings recovery and cost management strategies.