Japanese staffing company JTec Corp. (2479: JP) reported revenue for the first six months ended 30 September 2020 of JPY 1.36 billion (USD 13.0 million), a decrease of 9.6% compared with last year.

JTec Corp offers outsourcing for technical personnel especially in technology. The company provides mechanical, electronic, and software engineering technicians. JTec also offers electric and electronic design, and software development on a contract basis.

The group said the coronavirus pandemic had negatively impacted its results.

Looking ahead, JTec said its forecast is undecided because of the ‘difficult situation’ surrounding the pandemic. The group added that it will promptly disclose it when it becomes possible to reasonably calculate the consolidated earnings forecast.

Shares in JTec closed at JPY 161.00 (USD 1.54), down 3.01% on the day and 45.05% above the 52 week low of JPY 111.00 (USD 1.06) set on 17 March 2020. The company has a market cap of JPY 1.42 billion (USD 10.47 million).