PARK24 Co., Ltd. Reports Earnings Results for the Half Year Ended April 30, 2023
June 14, 2023 at 03:06 am EDT
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PARK24 Co., Ltd. reported earnings results for the half year ended April 30, 2023. For the half year, the company reported sales was JPY 157,078 million. Net income was JPY 7,979 million.
Basic earnings per share from continuing operations was JPY 46.8. Diluted earnings per share from continuing operations was JPY 42.56.
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.