Avic Co., Ltd. (7836) Earnings Report: Sales Down 17.9% YoY with Operating Loss of 69 Million Yen

Avic Co., Ltd. (7836) has released its financial results, reporting net sales of 732 million yen, representing a 17.9% decrease compared to the same period of the previous year. On the profit side, the company posted an operating loss of 69 million yen, an ordinary loss of 73 million yen, and a net loss attributable to owners of the parent of 88 million yen. Earnings per share (EPS) stood at -2.52 yen, with comprehensive income resulting in a loss of 86 million yen.

Cash and cash equivalents remained at 1.13 billion yen, and the equity ratio was maintained at a stable 65.1%. Additionally, interest-bearing debt stood at 200 million yen and retained earnings at 50 million yen. Continued observation of cash generation capabilities and future profit recovery trends is warranted.