Vestella (1433) Earnings: Operating Profit Surges 154.1% YoY to 574 Million Yen, Ordinary Profit Up 183.2%

Vestella (1433) announced its latest financial results, reporting net sales of 5,895 million yen, a 15.6% increase compared to the same period of the previous year. Operating profit surged by 154.1% year-on-year to 574 million yen, and ordinary profit jumped 183.2% to 609 million yen, driven by strong progress in core plant dismantling operations. Meanwhile, net income attributable to owners of the parent came in at 99 million yen (down 55.1% year-on-year), while comprehensive income rose 30.1% to 66 million yen. Regarding cash flows and financial metrics, operating cash flow stood at -470 million yen, free cash flow was 860 million yen, and cash and cash equivalents totaled 7,650 million yen. EBITDA stood at 580 million yen, reflecting steady earnings growth and a solid foundation for future business expansion.