GMO Pepabo, Inc. Announces Consolidated Earnings Results for the Nine Months Ended September 30, 2019; Provides Earnings Guidance for the Fiscal Year Ending December 31, 2019
October 30, 2019 at 02:31 am EDT
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GMO Pepabo, Inc. announced consolidated earnings results for the nine months ended September 30, 2019. For the period, the company reported net sales of JPY 6,690 million. Operating profit was JPY 692 million. Profit attributable to owners of parent was JPY 541 million. Diluted earnings per share were JPY 102.90. Basic earnings per share were JPY 103.84.
For the fiscal year ending December 31, 2019. For year, the company expects net sales to be of JPY 9,200 million. Operating profit expected to be of JPY 950 million. Profit attributable to owners of parent expected to be of JPY 684 million. Basic earnings per share expected to be of JPY 129.71.
GMO Pepabo, Inc. is principally engaged in the provision of low-priced Internet services to individuals. The Company operates in three business segments. The Hosting segment provides rental servers and domain acquisition services related to domain acquisition and utilization. The Electronic Commerce (EC) Support segment provides online shop opening and creation services that support the operation of e-commerce. The Hand-made segment is involved in the provision of handmade market services. The Company is also engaged in Internet advertising and media business.
GMO Pepabo, Inc. Announces Consolidated Earnings Results for the Nine Months Ended September 30, 2019; Provides Earnings Guidance for the Fiscal Year Ending December 31, 2019