Kin-Ei Corp Profit Slips as First Quarter Revenue Declines

The Japanese firm, which trades under the ticker 9636.TO, saw its operating profit contract significantly to 42 million yen, down from 76 million yen in the prior year. Pretax profit followed a similar downward trajectory, settling at 48 million yen compared to 76 million yen in the previous first quarter. Consequently, earnings per share dropped to 9.40 yen, down from 16.41 yen.

Despite the lackluster start to the fiscal year, the company maintains its annual dividend forecast at 10.00 yen per share. These results were prepared in accordance with Japanese accounting standards.