Japan – Dip Corp reports H1 revenue

Filed under: News |

Japanese staffing firm and job board Dip Corp. (2379: JP) reported revenue for the six months ended 31 August 2018 of JPY 20.69 billion (USD 184.4 million). The group did not provide prior period’s figures for comparison in its announcement. However last year’s results are available here.

(JPY millions)
H1 2018
H1 2018 (USD millions)
Revenue
20,696
184.4
Operating Profit
6,179
55.0
Net Income
4,207
37.4

Dip Corporation is a Japan-based company primarily involved in the provision of job information and employment agency business through the internet. It has five business segments.

The Baitoru Com segment provides job information to contractors and recruiting companies through Baitoru Com. The Hatarako Net segment offers staff service job information to staffing companies through Hatarako Net. The job engine segment is engaged in the provision of job offering and career change information to recruiting companies through its Job Engine sites. The Baitoru Com segment offers services to restaurant customers. The Agent segment is involved in the healthcare sector.

Looking ahead, the company forecasted revenue of JPY 42.36 billion (USD 377.5 million) for the year ended February 2019.

In trading today, Dip Corp shares closed at JPY 2,455.00 (USD 21.88), 3.72% above its 52-week low of 2,367.00 (USD 21.09), set on 20 Apr 2018. Based on its current share price the company has a market value of JPY 161.76 billion (USD 1.44 billion).

Source:: http://www2.staffingindustry.com/row/Editorial/Daily-News/Japan-Dip-Corp-reports-H1-revenue-47708

      

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