JTec Corp Q1 revenue up slightly while profits climb
JTec Corp Q1 revenue up slightly while profits climb

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Japanese staffing company JTec Corp. (2479: JP) reported revenue today for the first quarter ended 30 June 2024 of JPY 819 million (USD 5.4 million), an increase of 0.9% compared with last year.
(JPY millions) | Q1 2024 | Q1 2023 | Change | Q1 2024 (USD millions) |
Revenue | 819 | 812 | 0.9% | 5.4 |
Gross profit | 279 | 241 | 15.8% | 1.8 |
Gross margin | 34.1% | 29.7% | - | - |
Operating profit | 38 | 31 | 21.5% | 0.2 |
Net profit | 19 | 17 | 10.2% | 0.1 |
JTec Corp offers outsourcing for technical personnel especially in technology, providing mechanical, electronic, and software engineering technicians. JTec also offers electric and electronic design, and software development on a contract basis.
Within the technical job intellectual property leasing business, revenue was up 1.8% over the same period a year ago.
Looking ahead the company forecasted revenue of JPY 3.75 billion (USD 24.9 million) for the year ended 31 March 2025.
On Wednesday, JTec Corp shares closed at JPY 259.00 (USD 1.72), up 1.97% on the day and 17.73% above the 52-week low of JPY 220.00 (USD 1.46) set on 1 November 2023. The company has a market cap of JPY 2.18 billion (USD 14.5 million).