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View All NewsJapan – Human Associates Holdings H1 revenue and profits show growth
Human Associates Holdings (6575: TYO), a Japan-based company mainly engaged in employment placement and mental health care, reported revenue yesterday of JPY 1.39 billion (USD 12.2 million) for the first six months ended 30 September 2021, an increase of 23.3% when compared to the previous year.
| (JPY millions) | H1 2021 | H1 2020 | % change | H1 2021 (USD millions) |
| Revenue | 1,398 | 1,133 | 23.3% | 12.2 |
| Gross Profit | 1,123 | 928 | 21.0% | 9.8 |
| Gross Margin | 80.3% | 81.9% | ||
| Operating Income | 109 | -101 | - | 0.9 |
| Profit for the Period | 56 | -73 | - | 0.4 |
Human Associates Holdings’ Employment Placement segment mainly provides paid employment placement services based on the employment security law, focusing on high added-value human resources.
Looking ahead the company forecasted revenue of JPY 2.92 billion (USD 25.55 million) for the full year ended March 2022.
Shares in Human Associates Holdings closed yesterday at JPY 690.00 (USD 6.04), up 0.3% on the day. The company has a market cap of JPY 2.57 billion (USD 22.49 million).