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View All NewsJapan – Like Co Q1 revenue rises 2.6%
11 October 2021
Japanese staffing firm Like Co Ltd (2462: JP) reported revenue for the first quarter ended 31 August 2021 of JPY 13.50 billion (USD 124.3 million), up 2.6% when compared to last year.
| (JPY millions) | Q1 2021 | Q1 2020 | Change | Q1 2021 (USD millions) |
| Revenue | 13,500 | 13,163 | 2.6% | 119.5 |
| Gross Profit | 2,153 | 2,388 | -9.8% | 19.0 |
| Gross Margin | 15.9% | 18.1% | - | - |
| Operating Income | 758 | 838 | -9.6% | 6.7 |
| Net Income | 631 | 419 | 50.4% | 5.5 |
Like Co Ltd. provides general worker dispatching and employment placement services. The company also provides outsourcing staffing, recruitment, as well as childcare support services and nursing care related services.
Looking ahead, the company forecasted revenue of JPY 57.50 billion (USD 508.9 million) for the year ended 31 May 2022.
Shares in Like closed at JPY 2,030.00 (USD 17.97), up 3.62% on the day and 17.27% above the 52 week low of JPY 1,731.00 (USD 15.32) set on 27 August 2021. The company has a market cap of JPY 39.94 billion (USD 259.52 million).