Assentec (3565), Q3 Earnings: Operating Profit Decreased 21.5% YoY to 862 Million Yen

Assentec (3565) announced its latest financial results, reporting net sales of 7,902 million yen, a decrease of 27.1% year-over-year. Operating profit came in down 21.5% YoY at 862 million yen, ordinary profit was 773 million yen (down 30.8% YoY), and net income attributable to owners of the parent reached 752 million yen (down 2.7% YoY), resulting in lower sales and profit.

From a financial perspective, the equity ratio stands at 20.6% with zero interest-bearing debt (0.0 billion yen), while retained earnings amount to 5.66 billion yen. EBITDA is reported at 0.91 billion yen.