Hope, Inc. Reports Consolidated Earnings Results for the Second Quarter Ended December 2018; Provides Earnings Guidance for the Year Ending June 30, 2019
February 08, 2019 at 07:00 am
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Hope, Inc. reported consolidated earnings results for the second quarter ended December 2018. For the quarter, the company reported net sales of JPY 981 million, operating loss of JPY 225 million, ordinary loss of JPY 211 million and loss of JPY 215 million or JPY 154.53 per basic share against net sales of JPY 826 million, operating loss of JPY 200 million, ordinary loss of JPY 198 million and loss of JPY 200 million or JPY 144.12 per basic share a year ago.
For the year ending June 30, 2019, the company reported net sales of JPY 2,957 million, operating loss of JPY 32 million, ordinary loss of JPY 18 million and loss of JPY 31 million or JPY 22.82 per basic share.
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. Reports Consolidated Earnings Results for the Second Quarter Ended December 2018; Provides Earnings Guidance for the Year Ending June 30, 2019