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View All NewsJapan – PA Co H1 revenue down 7.3%
Japanese temporary staffing firm PA Co (4766: JP) reported revenue for the six months ended 30 June 2021 of JPY 766 million (USD 7.0 million), down 7.3% compared to the same period last year.
(JPY millions) | H1 2021 | H1 2020 | Change | H1 2021 (USD millions) |
Revenue | 766 | 827 | -7.3% | 7.0 |
Operating Profit | -62 | -110 | - | -0.5 |
Net Income | -253 | -17 | - | -2.3 |
PA Co operates Information Services and Temporary Staffing Services. The Information Services segment publishes free job information magazines and sales promotion information publications; offers sales promotion tools through mobiles, and operates recruitment websites for full-time employers focusing on mobile sites. The group also operates a nursery business.
Revenue in the group’s dispatch (temporary staffing) business increased by 15.8% compared to the same period last year.
The group’s Information service business saw revenue slip by 14.5%. At the same time, the childcare business saw revenue dip by 11% while the regional revitalization revenue was up 21.6%. The group’s other business was up 35%.
PA Co did not provide a financial forecast.
Shares in PA Co closed at JPY 202.00 (USD 1.85), up 2.54% on the day and 29.49% above the 52 week low of JPY 156.00 (USD 1.43) set on 28 August 2020. The company has a market cap of JPY 2.21 billion (USD 20.2 million).