Kinei (9636), Earnings Report: Operating Income Down 30.2% YoY to 124 Million Yen, Net Income Decreases 35.6%

Kinei (9636) has released its financial results, reporting net sales of 1,805 million yen down 3.8% year-over-year, operating income of 124 million yen down 30.2% YoY, ordinary income of 132 million yen down 26.7% YoY, and net income of 82 million yen down 35.6% YoY. Earnings per share (EPS) stood at 29.74 yen.

Regarding the financial position and cash flows, EBITDA is 260 million yen, operating cash flow is 100 million yen, and free cash flow is 10 million yen. Cash and cash equivalents stand at 90 million yen. Although the results show a decrease in profit compared to the same period last year, the company continues its operations backed by cash flows and liquidity.