Hope, Inc. Reports Consolidated Earnings Results for the Quarter Ended March 2020; Provides Earnings Guidance for the Fiscal Year Ending June 30, 2020
May 13, 2020 at 07:30 am
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Hope, Inc. reported consolidated earnings results for quarter ended March 2020. For the period, the company's net sales were ¥8,082 million against ¥1,654million a year ago. Operating profit was ¥82 million against operating loss of ¥245 million a year ago. Profit was ¥50 million against loss of ¥237 million a year ago. Basic profit per share were ¥9.03 per share against basic loss per share of ¥42.52 a year ago. Diluted earnings per share was ¥7.94.
For the year ending June 30, 2020, the company expects net sales of ¥14,300 million, Operating profit to be in the range of ¥850 million to ¥950 million. Profit to be in the range of ¥600 million to ¥675 million. Basic earnings per share to be in the range of ¥102.91 to ¥115.78.
Hope Inc is a Japan-based company engaged in advertising, energy and media businesses. The Company operates through three business segments. Energy segment offers GENEWAT, an electricity retail service that helps local governments reduce costs. Advertising segment offers two kinds of services. The smart resource (SR) service purchases advertising space in various media such as homepages owned by local governments, public relations papers, salary statements distributed to public employees, and envelopes and sells them to private companies. The smart creation (SC) service, in the form of collaborative issuance with local governments, recruits advertisers to produce information booklets for residents and donates the booklets to local governments. Media segment utilizes the relationships with local governments cultivated in the advertising business to provide business to government (BtoG) marketing services, Jichitai Works, and Jichitai Works HA x SH information distribution platform.
HOPE, INC. 
