Japan – Media Five revenue up 6.2% in first quarter

Filed under: News |

Media Five Co, (3824: JP), a Japanese firm that provides engineers to the IT industry, reported revenue for the first quarter ended 31 August 2018 of JPY 357 million (USD 3.2 million), up 6.2% compared to last year.

(JPY millions)
Q1 2018
Q1 2017
Change
Q1 2018
Revenue
357
337
6.2%
3.2
Operating Profit
3
0
N/A
0.0
Net Income
43
-2
N/A
0.3

Media Five operates two primary business segments: Business-to-Business, which includes the company’s staffing operations; and Business-to-Consumer, which involves software and project development. In addition to those businesses, Media Five also operates a construction business.

Looking ahead, the company forecasted revenue of JPY 1.48 billion (USD 13.2 million) for the year ended May 2019.

In trading today Media Five shares closed at JPY 855, down 5.00% on the day. Based on its current share price the company has a market value of JPY 777.70 million (USD 6.92 million).

Source:: http://www2.staffingindustry.com/row/Editorial/Daily-News/Japan-Media-Five-revenue-up-6.2-in-first-quarter-47707

      

List your business in the premium web directory for free This website is listed under Human Resources Directory