BuySell Technologies Co.,Ltd. Revises Consolidated Earnings Guidance for the Second Quarter Ending June 30, 2024 and Fiscal Year Ending December 31, 2024
May 14, 2024 at 07:00 am
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BuySell Technologies Co.,Ltd. revised consolidated earnings guidance for the second quarter ending June 30, 2024 and fiscal year ending December 31, 2024. For the year, the company revised net sales of JPY 59,070 million against previously announced of JPY 52,480 million, operating profit of JPY 3,800 million against previously announced of JPY 3,400 million, profit attributable to owners of parent of JPY 2,010 million against previously announced of JPY 1,890 million, basic earnings per share of JPY 140.42 against previously announced of JPY 132.30.
For the second quarter, the company revised net sales of JPY 27,263 million against previously announced of JPY 24,550 million, operating profit of JPY 1,547 million against previously announced of JPY 1,390 million, profit attributable to owners of parent of JPY 767 million against previously announced of to owners of parent of JPY 710 million, basic earnings per share of JPY 53.59 against previously announced of JPY 49.70.
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.
BuySell Technologies Co.,Ltd. Revises Consolidated Earnings Guidance for the Second Quarter Ending June 30, 2024 and Fiscal Year Ending December 31, 2024