Lib Work (1431) Earnings: Operating Income Decreases 36.6% YoY to 527 Million Yen

Lib Work (Ticker: 1431) has released its financial results, reporting net sales of 15,679 million yen (down 2.0% year-on-year), operating income of 527 million yen (down 36.6%), ordinary income of 285 million yen (down 66.6%), and net income attributable to owners of the parent of 103 million yen (down 79.2%). The operating profit margin stood at 3.4%.

Regarding the financial structure and cash flows, the equity ratio is 34.7% with retained earnings of 2.57 billion yen. Operating cash flow was -1.42 billion yen and investing cash flow was -0.906 billion yen. Interest-bearing debt was recorded at 5.84 billion yen. Return on Assets (ROA) was 2.3% and Return on Equity (ROE) was 2.2%.