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View All NewsJapan – JAC Recruitment H1 revenue down 0.7%
10 August 2021
Japanese staffing firm JAC Recruitment (2124: TYO) reported revenue for the first six months ended 30 June 2021 of JPY 11.95 billion (USD 108.1 million), a decrease of 0.7% compared to last year.
| (JPY millions) | H1 2021 | H1 2020 | Change | H1 2021 (USD millions) |
| Revenue | 11,951 | 12,039 | -0.7% | 108.1 |
| Gross Profit | 11,091 | 11,220 | -1.1% | 100.3 |
| Gross Margin | 92.8% | 93.2% | ||
| Operating Profit | 3,298 | 3,344 | -1.4% | 29.8 |
| Net Income | 2,201 | 627 | 251.1% | 19.9 |
JAC Recruitment provides recruitment services to local enterprises and multinationals in Japan, the UK, and Asia.
The group said it saw good growth in its domestic staffing business.
Looking ahead the company forecasted revenue of JPY 22.46 billion (USD 203.20 million) for the year ended December 2021.
JAC Recruitment shares closed today at JPY 1,761.00 (USD 15.93), up 3.04% on the day and 10.61% below its 52-week high of JPY 1,970.00 (USD 17.82), set on 8 February 2021. The company has a market cap of JPY 70.73 billion (USD 640.04 million).