PARK24 Co., Ltd. Provides Earnings Guidance for the Six Months and Year Ending October 31, 2021
December 15, 2020 at 10:39 am
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PARK24 Co., Ltd. provided earnings guidance for the six months and year ending October 31, 2021. For the six months ending April 30, 2021, on consolidated basis, the company expects net sales to be JPY 130,000 million, operating loss to be JPY 500 million, loss attributable to owners of parent to be JPY 2,500 million and net loss per share to be JPY 16.18.
For the year ending October 31, 2021, on consolidated basis, the company expects net sales to be JPY 282,000 million, operating profit to be JPY 13,500 million, profit attributable to owners of parent to be JPY 5,000 million and net income per share to be JPY 32.36.
Park24 Co Ltd is a Japan-based company mainly engaged in the operation and management of parking lots, and the rental and purchase of automobiles. The Company operates through three segments. The Domestic Parking Lot Business segment provides hourly and monthly parking lot services, and operates reservation-type parking lots and manages facilities attached to parking lots. The Overseas Parking Lot Business segment provides hourly and monthly parking lot services through sublease contracts and management contracts in the United Kingdom, Australia, New Zealand, Singapore, Malaysia, and Taiwan. The Mobility Business segment provides a mobility service called Times Car (a fusion of car sharing and rental car service) that allows users to rent a car for the time and period they want at manned stores and unmanned stations nationwide, and also provides road service to respond to car accidents and breakdowns.