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View All NewsJapan – Serio Holdings revenue and profits record upswing
Serio Holdings (6567:TYO), reported revenue today for the nine months ended 28 February 2021 of JPY 6.07 billion (USD 55.5 billion), an increase of 19.6% compared with last year.
(JPY millions) | 9 months 2020 | 9 months 2019 | Change | 9 months 2020 (USD millions) |
Revenue | 6,076 | 5,079 | 19.6% | 55.5 |
Gross Profit | 1,224 | 888 | 37.8% | 11.2 |
Gross Margin | 20.1% | 17.5% | - | - |
Operating Profit | 296 | 69 | 325.2% | 2.7 |
Net Income | 199 | 46 | 329.0% | 1.8 |
Serio Holdings provides human resources services. The company offers talent dispatch, business contracting, personnel introduction, and related services. Serio Holdings also operates nursery school management, school facilities operation, and other businesses.
Looking ahead, the company forecasted revenue of JPY 8.20 billion (USD 74.97 million) for the year ended May 2021.
Shares in Serio closed at JPY 1,101.00 (USD 10.07), down 0.72% on the day and 30.10% below its 52-week high of 1,575.00 (USD 14.40), set on 20 October 2020. The company has a market cap of JPY 7.02 billion (USD 64.18 million).