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View All NewsJapan – Career Bank reports revenue uptick of 5.2%
Japanese staffing firm Career Bank (4834: JP) reported revenue on Tuesday for the nine months ended 28 February 2021 of JPY 4.59 billion (USD 42.0 million), an increase of 5.2% compared to last year.
(JPY millions) | 9 months 2020 | 9 months 2019 | Change | 9 months 2018 (USD millions) |
Revenue | 4,599 | 4,372 | 5.2% | 42.0 |
Gross Profit | 961 | 972 | -1.1% | 8.7 |
Gross Margin | 20.9% | 22.2% | - | - |
Operating Profit | 131 | 120 | 8.8% | 1.2 |
Net Income | 76 | 38 | 100.0% | 0.6 |
Career Bank offers temporary staffing services; recruitment; payroll; outplacement; and other services. The “Other” segment includes Career Bank’s language training business in China.
Looking ahead the company forecasted revenue of JPY 6.17 billion (USD 56.36 million) for the year ended May 2021.
Shares in Career Bank closed at JPY on Tuesday at JPY 980.00 (USD 8.95), up 6.75% on the day. The company has a market cap of JPY 931.43 million (USD 8.50 million).