Premium Group Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2020
August 14, 2020 at 07:00 am
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Premium Group Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2020. For the quarter, the company reported operating income of ¥4,022 million compared to ¥3,149 million a year ago. Profit was ¥779 million compared to ¥1,545 million a year ago. Basic earnings per share was ¥61.46 compared to ¥117.09 a year ago. Diluted earnings per share was ¥60.57 compared to ¥114.99 a year ago.
Premium Group Co., Ltd. is a Japan-based company mainly engaged in the credit related business. The Company provides four types of businesses. The auto credit business is engaged in the provision of sale activities specialized for used auto suppliers. The Company sends or receives documents by post when using auto credits, for the purpose of improving business efficiency. The warranty business is engaged in the provision of repair free service when cars break down within the scope of warranty. It also provides prime warranty, car sensors after-sales guarantee and other automotive warranty products. The maintenance business is developed for the purpose of in-housing business of automobile repair work that occurs in the warranty business. The other business is engaged in the operation of finance and warranty business related to automobile sales on abroad.