Hottolink, Inc. Announces Consolidated Earnings Results for the Six Months Ended June 30, 2016; Provides Earnings Guidance for the Year Ending December 31, 2016
August 11, 2016
Share
Hottolink, Inc. announced consolidated earnings results for the six months ended June 30, 2016. For the period, the company reported net sales of JPY 1,132.328 million compared to JPY 1,216.779 million a year ago. Operating loss was JPY 582.351 million compared to operating profit of JPY 11.509 million a year ago. Loss before tax was JPY 616.373 million compared to JPY 38.378 million a year ago. Loss attributable to owners of parent was JPY 603.832 million or JPY 53.78 per basic share compared JPY 51.278 million or JPY 5.25 per basic share a year ago. Net cash flows from operating activities were JPY 151.251 million compared to JPY 63.680 million a year ago. Acquisition of intangible assets was JPY 160.555 million compared to JPY 212.802 million a year ago.
For the year ending December 31, 2016, the company expects net sales of JPY 2,342 million, operating loss of JPY 645 million and loss of JPY 667 million or JPY 53.81 per basic share.
Hotto Link Inc. is engaged in the provision of cloud service (social cloud service business) to support the use of social big data. The Company operates through two business segments. The Software as a Service (SaaS) segment provides e-mining, Review @ manager series. The Solution segment is engaged in the data sales, provision of analytic engines, and sale of Illustrated Chinese trend Express. In Other segment, the main products are data center usage fee and service usage fee for ringing and ringing tone.
Hottolink, Inc. Announces Consolidated Earnings Results for the Six Months Ended June 30, 2016; Provides Earnings Guidance for the Year Ending December 31, 2016
HOTTOLINK, INC. 
