Career Design Center nine-month revenue edges up 2.1%
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On Wednesday, HR services provider Career Design Center Co. Ltd. (2410:TYO) reported revenue increased by 2.1% in the nine months ended 30 June 2024.
(JPY millions) | 9 months 2024 | 9 months 2023 | Change | 9 months 2024 (USD million) |
Revenue | 13,340 | 13,064 | 2.1% | 89.6 |
Gross profit | 7,384 | 7,197 | 2.6% | 49.6 |
Gross margin | 55.3% | 55.1% | - | - |
Operating profit | 1,096 | 1,324 | -17.2% | 7.3 |
Net profit | 752 | 904 | -16.8% | 5.0 |
Revenue in the media information business rose by 7.1% when compared to the prior year period.
Revenue in the recruitment business increased by 1.0% compared to the same period a year ago.
Career Design Center also reported revenue in the new graduate media business increased by 4.8%. In the new graduate referral business, revenue was down 15.0%.
Revenue for the IT temporary employment business was down 1.0%.
Looking ahead the company forecasted revenue for the full year ended 30 September 2024 of JPY 17.78 billion (USD 119.4 million).
Career Design Center shares on Wednesday closed at JPY 1,879 (USD 12.62), down 1.72% on the day. The company has a market cap of JPY 9.20 billion (USD 61.8 million).