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View All NewsHuman Creation Holdings Q1 revenue up 5.4%
Human Creation Holdings, a Japan-based engineer dispatching firm, reported revenue of JPY 1.64 billion (USD 11.0 million) for the first quarter ended 31 December 2023, an increase of 5.4% over the prior year period.
(JPY millions) | Q1 2024 | Q1 2023 | Change | Q1 2024 (USD millions) |
Revenue | 1,648 | 1,563 | 5.4% | 11.0 |
Gross Profit | 464 | 458 | 1.3% | 3.1 |
Gross Margin | 28.2% | 29.3% | - | - |
Operating Profit | 140 | 145 | -3.7% | 0.9 |
Net Profit | 89 | 99 | -10.9% | 0.6 |
Human Creation Holdings is mainly engaged in engineer dispatch business through its subsidiaries. The company’s main business is the system solution service business. This business segment is an engineer dispatch business that participates in development projects such as in-house system construction for companies entrusted via major customers, and it develops and maintains systems based on the resident of engineers at client companies.
Looking ahead the company forecasted revenue of JPY 7.78 billion (USD 52.05 million) for the year ended 30 September 2024.
On Friday, shares for Human Creation Holdings closed at JPY 2,531 (USD 16.94), down 2.27% on the day. The company has a market cap of JPY 4.57 billion (USD 30.57 million).