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View All NewsPA Co full year revenue lifts 7.2%
Japanese temporary staffing firm PA Co (4766: JP) reported revenue today for the full year ended 31 December 2023 of JPY 1.78 billion (USD 11.8 million), an increase of 7.2% compared to the same period last year.
| (JPY millions) | FY 2023 | FY 2022 | Change | FY 2023 (USD millions) |
| Revenue | 1,786 | 1,666 | 7.2% | 11.8 |
| Gross Profit | 783 | 744 | 5.3% | 5.2 |
| Gross Margin | 43.8% | 44.6% | - | - |
| Operating Profit | 59 | 41 | 43.7% | 0.4 |
| Net Profit | 44 | 49 | -8.7% | 0.3 |
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.
Revenue in the staffing business was down 3.4%. Revenue in the childcare business increased by 17.2%. Revenue in the Other business segment, focused mainly on the Vietnamese market, increased by 0.6% over the year.
Looking ahead the company forecasted revenue of JPY 2.10 billion (USD 13.98 million) for the full year ended 31 December 2024.
PA Co shares closed at JPY 393.00 (USD 2.62), up 3.15% on the day and 9.03% below its 52-week high of JPY 432.00 (USD 2.88), set on 28 November 2023. The company has a market cap of JPY 3.76 billion (USD 25.0 million).