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View All NewsJapan – SMS Co Ltd full year revenue up 21%
Japanese healthcare services provider SMS Co Ltd (2175: JP) reported revenue today for the year ending 31 March 2017 of JPY 23.0 billion (USD 206.8 million), an increase of 20.9% compared to the same period last year.
(JPY millions) | FY 2017 | FY 2016 | Change | FY 2017 (USD millions) |
Revenue | 23,054 | 19,069 | 20.9% | 206.8 |
Operating Income | 3,646 | 2,756 | 32.3% | 32.7 |
Net Income | 2,801 | 2,265 | 23.6% | 25.1 |
After the acquisition of MIMS, SMS has become the largest information provider for healthcare professionals in Asia excluding Japan. The company also operates a number of websites specialising in services for older people. The company also operates recruitment and job board websites for healthcare professionals specifically looking to work in older people services and it also provides a variety of recruiting agent services for paramedical workers.
SMS Co Ltd also published its forecast for the year ending March 2018 of JPY 27.8 billion (USD 249.4 million).
In trading today, SMS Co Ltd shares closed at JPY 2,967.00 (USD 26.6), up 0.54% on the day and 3.51% below its 52-week high of JPY 3,075 (USD 27.5) set on 14 October 2016. Based on its current share price the company has a market value of JPY 128.02 billion (USD 1.14 billion).