Japan – Career Bank reports revenue up 7%

Filed under: News |

By memberservices@staffingindustry.com (Danny Romero)

Japanese staffing firm Career Bank (4834: JP) reported revenue Friday for the half year ending 30 November 2016 of JPY 2.84 billion (USD 24.2 million), a increase of 6.9% compared with JPY 2.65 billion (USD million) a year ago.

H1 2016
USD
H1 2015
USD
Change
Revenue
JPY 2,836 million
24.2 million
JPY 2,653 million
22.3 million
6.9%
Operating Income
JPY 2 million
0.01 million
(JPY 47 million)
(0.3 million)
N/A
Net Income
(JPY 2 million)
(0.01 million)
(JPY 29 million)
(0.2 million)
N/A

Career Bank Co., Ltd. engages in worker dispatch and paid placement business. The firm offers temporary staffing services; recruitment; payroll; outplacement; and other services. The “Other” segment includes Career Bank’s language training business in China.

Career Bank also forecasted revenue for the year ending May 2017 of JPY 5.9 billion (USD 50.4 million).

In trading Friday, the company’s share price closed up at JPY 897 (USD 7.6), no change on the day. Based on its current share price, the company has a market value of JPY 890 million (USD 7.6 million).

Source:: Staffing Industry Analysts Daily Newsfeed

      

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