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View All NewsJapan – Quick Co Q1 revenue and profits show improvement
30 July 2021
Quick Co. Ltd (4318: JP), a Japanese staffing firm, reported revenue for the first quarter ended 30 June 2021 of JPY 7.05 billion (USD 64.3 million), an increase of 14.2% compared to the previous year.
| (JPY millions) | Q1 2021 | Q1 2020 | Change | Q1 2020 (USD millions) |
| Revenue | 7,053 | 6,178 | 14.2% | 64.3 |
| Gross Profit | 5,123 | 4,431 | 15.6% | 46.7 |
| Gross Margin | 72.6% | 71.7% | - | |
| Operating Profit | 2,470 | 1,926 | 28.3% | 22.5 |
| Net Income | 1,758 | 1,379 | 27.5% | 16.0 |
Quick Co. provides recruitment advertising and dispatch (temporary staffing) services.
Looking ahead the company forecasted revenue of JPY 21.40 billion (USD 195.3 million) for the year ended March 2022.
Shares in Quick Co closed at JPY 1,196.00 (USD 10.92), up 1.10% on the day and 10.28% below its 52-week high of JPY 1,333.00 (USD 12.17), set on 21 May 2021. The company has a market cap of JPY 22.59 billion (USD 206.2 million).