Synchro Food Co., Ltd. (3963) Earnings: Operating Profit Decreased by 43.7% YoY to 103 Million Yen on 101.5% Revenue Growth

Synchro Food Co., Ltd. (3963) announced its financial results, reporting that operating profit declined 43.7% year-on-year to 103 million yen, alongside net sales reaching 1,920 million yen, a substantial increase of 101.5% compared to the same period of the previous year. However, other profit figures experienced a contraction, with ordinary profit decreasing 50.2% to 90 million yen, and net income attributable to owners of the parent dropping 87.4% to 15 million yen.

Regarding the financial structure and valuation metrics, the company maintains an equity ratio of 39.1%, reflecting a stable financial foundation. The return on equity (ROE) stands at 0.35%, while the return on assets (ROA) is recorded at 0.19%. Retained earnings amount to 3.16 billion yen against interest-bearing debt of 3.57 billion yen. With an EBITDA of 680 million yen, the market will closely monitor the company's future strategies to improve profit margins while sustaining revenue expansion.