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View All NewsJapan – Like Co revenue rises 4.8% as profits climb
12 April 2021
Japanese staffing firm Like Co Ltd (2462: JP) reported revenue for the nine months ended 28 February 2021 of JPY 39.26 billion (USD million), up 4.8% when compared to last year.
| (JPY millions) | 9 months 2021 | 9 months 2020 | Change | 9 months 2021 (USD millions) |
| Revenue | 39,265 | 37,483 | 4.8% | 358.7 |
| Gross Profit | 6,340 | 5,725 | 10.7% | 57.9 |
| Gross Margin | 16.1% | 15.2% | - | - |
| Operating Profit | 1,820 | 1,314 | 38.4% | 16.6 |
| Net Income | 1,431 | 680 | 110.2% | 13.0 |
Like Co Ltd provides general worker dispatching and employment placement services. The company also provides outsourcing staffing, recruitment, and education support services for the mobile phone sales industry in Japan.
Looking ahead, revenue forecasted for the full year ended May 2021 stands at JPY 54.00 billion (USD 490 million).
Shares in Like closed at JPY 2,033.00 (USD 18.58), down 1.50% on the day and 14.58% below its 52-week high of JPY 2,380.00 (USD 21.75), set on 12 October 2020. The company has a market cap of JPY 42.04 billion (USD 384.11 million).