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View All NewsJapan – TechnoPro Holdings reports slight uptick in Q2 revenue
TechnoPro Holdings, Inc, (6028:TYO) a Japan-based technology-focused staffing and services company, reported revenue today of JPY 40.2 billion (USD 383.6 million) for the second quarter ended 31 December 2020, an increase of 0.3% when compared to the previous year.
| (JPY millions) | Q2 2021 | Q2 2020 | Change | Q2 2021 (USD millions) |
| Revenue | 40,256 | 40,141 | 0.3% | 383.6 |
| Gross Profit | 9,631 | 10,559 | -8.8% | 91.8 |
| Gross Margin | 23.9% | 26.3% | - | - |
| Operating Profit | 5,323 | 4,337 | 22.8% | 50.7 |
| Net Income | 3,651 | 2,996 | 21.9% | 34.8 |
The group also published results for the six-months period ended 31 December 2020 with revenue of JPY 79.4 billion (USD 756.6 million), an increase of 0.5%. The group reported increases in its R&D Outsourcing and construction management outsourcing, but recorded decreases in its ‘other Japan’ and overseas business during the six-months period.
Looking ahead the group expects revenue of JPY 156.5 billion (USD 1.49 billion) for the full year ended 30 June 2021.
TechnoPro ranks as the sixth-largest staffing firm in Japan.
Shares in TechnoPro Holdings today closed at JPY 8,620.00 (USD 82.15) up 2.38% on the day and 7.21% below its 52-week high of JPY 9,290.00 (USD 88.53), set on 8 January 2021. The company has a market cap of JPY 304.30 billion (USD 2.89 billion).