Shizuoka Gas (9543) Earnings: Operating Profit Decreases 10.4% YoY to 8.828 Billion Yen, Ordinary Profit Up 6.2%

Shizuoka Gas (9543) has released its latest financial results, reporting net sales of 103.066 billion yen (down 0.5% year-on-year), operating profit of 8.828 billion yen (down 10.4% YoY), ordinary profit of 9.895 billion yen (up 6.2% YoY), and net income attributable to owners of the parent of 6.540 billion yen (down 2.9% YoY). While operating profit saw a decrease of 10.4% YoY, ordinary profit secured a positive growth.

From a financial and valuation perspective, the company maintains a stable financial foundation. In terms of profitability, Return on Equity (ROE) is recorded at 8.75% and Return on Assets (ROA) at 5.13%, indicating efficient asset management. With EBITDA reaching 13.55 billion yen, the company demonstrates strong cash flow generation capabilities, underpinning its overall stable business fundamentals.