Japanese staffing services provider JPN Holdings Co. Ltd. (8718: JP) reported revenue of JPY 3.1 billion (USD 29.1 million), a decrease of -9.3% compared with JPY 3.4 billion (USD 31.9 million) during the six months ending 31 July 2013.

The company reported an operating loss of JPY 82 million (USD 769,650), compared with an operating profit of JPY 11 million (USD 103,246) during the same period last year. JPN Holdings reported a pre-tax loss of JPY 72 million (USD 675,790), compared with a pre-tax profit of JPY 24 million (USD 225,263) a year ago.

The company reported a net loss of JPY 129 million (USD 1.2 million) during H1 2014, a worse loss compared with net loss of JPY 6 million (USD 56,316) last year.

JPN Holdings Company, Limited, through its subsidiaries, provides debt collection, child care provision, and staffing services in Japan. The company offers staffing, outsourcing, dispatching, and recruitment services, as well as telemarketing services.

The company’s staffing business reported a steady income compared with last year, with revenue rising by +8.9% to JPY 1.6 billion (USD 15 million) during the period. However, losses reported in the company’s childcare and debt collection operations more than offset gains in the staffing business.

Despite the gloomy results, in trading today, the company’s share price closed up by +0.4% at JPY 467 (USD 4.38), a decrease of -24.7% compared with a year ago. Based on its current share price, the company has a market value of JPY 2.3 billion (USD 21.6 million).