Asia Quest (4261) Earnings: Operating Income Decreased 97.0% YoY to 6 Million Yen, Ordinary Income Down 95.2%

Asia Quest (4261) released its financial results, reporting net sales of 2,471 million yen, a slight increase of 2.4% year-over-year. However, profitability experienced a significant decline, with operating income dropping 97.0% YoY to 6 million yen and ordinary income decreasing 95.2% YoY to 10 million yen. The company posted a net loss attributable to owners of the parent of 10 million yen, resulting in a basic earnings per share (EPS) of -7.07 yen. Despite the challenging profit performance, the company reports an ROE of 15.92%, an ROA of 10.22%, and holds 1,460 million yen in cash and cash equivalents. EBITDA stood at 50 million yen, operating cash flow remained positive at 20 million yen, while free cash flow stood slightly negative at -10 million yen. Supported by a solid capital structure and ample liquidity, market participants will be closely monitoring the company's future strategies to restore profitability.