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View All NewsJapan – PA Co reports slight revenue decrease, posts net loss
Japanese temporary staffing firm PA Co (4766: JP) reported revenue yesterday for the nine months ended 30 September 2021 of JPY 1.16 billion (USD 10.1 million), down 2.7% compared to the same period last year.
| (JPY millions) | H1 2021 | H1 2020 | Change | H1 2021 (USD millions) |
| Revenue | 1,163 | 1,196 | -2.7% | 10.1 |
| Gross Profit | 498 | 471 | 5.8% | 4.3 |
| Gross Margin | 42.8% | 39.4% | ||
| Operating Profit | -63 | -164 | - | -0.5 |
| Net Income | -248 | -52 | - | -2.1 |
While the Covid-19 pandemic had an impact on the company’s results, revenue in the dispatch staff business was up 14.1% over the year. Revenue in the information services business was down 8.2%. Revenue in the nursery business fell by 4.7%.
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.
The company did not publish a forecast.
Shares in PA Co closed yesterday at JPY 190.00 (USD 1.66), up 1.6% on the day. The company has a market cap of JPY 2.08 billion (USD 18.20 million).