BuySell Technologies Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 12, 2023 at 07:08 am
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BuySell Technologies Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was JPY 9,056 million. Net income was JPY 252 million.
Basic earnings per share from continuing operations was JPY 17.33. Diluted earnings per share from continuing operations was JPY 17.21.
BuySell Technologies Co., Ltd. is a Japan-based company mainly engaged in the online reuse business. The Company is engaged in the provision of Speed Kaitori and Kaitori Premium platforms that provide comprehensive reuse services through three methods, including business trip visit purchase, home delivery purchase and carry-in purchase. The main products handled are kimonos, stamps, old coins, precious metals, jewelry, branded goods, watches, antiques, fur, liquor and other products. The sales business is mainly engaged in the corporate sales business through the secondhand goods market and auctions for vendors, as well as the provision of an electronic commerce (EC) site Speed Kaitori Online for general consumers. The Company is also engaged in the operation of a smartphone app CAPPY that can sale used cars. The Company is engaged in the provision of marketing, call center, authenticity appraisal and assessment, purchase, inventory management, sale and other reuse related services.