Showa Chemical Industry Co., Ltd. (4990) Earnings: Operating Profit Up 8.7% to 160 Million Yen, Revenue Increases 1.6% YoY

Showa Chemical Industry Co., Ltd. (4990) has released its financial results, reporting net sales of 2,537 million yen, representing a 1.6% increase compared to the same period of the previous year. On the profit front, operating profit rose 8.7% year-on-year to 160 million yen. Meanwhile, ordinary profit stood at 235 million yen (down 1.5% YoY), and net income attributable to owners of the parent was 149 million yen (down 10.5% YoY). Comprehensive income surged significantly by 344.0% year-on-year to 705 million yen.

Regarding the company's financial foundation, the equity ratio remains robust at 64.0%, reflecting a sound balance sheet structure. Retained earnings stand at 6.63 billion yen, while interest-bearing debt is recorded at 2.08 billion yen, demonstrating a well-balanced and stable financial position. Earnings per share (EPS) for the period was 14.01 yen.