Zappallas, Inc. Announces Consolidated Earnings Results for the Nine Months Ended January 2019; Provides Earnings Guidance for the Year Ending April 2019
March 04, 2019 at 02:00 am EST
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Zappallas, Inc. announced consolidated earnings results for the nine months ended January 2019. For the quarter, the company reported net sales of JPY 3,174 million against JPY 3,337 million for the same period a year ago. Operating loss was JPY 299 million against JPY 542 million for the same period a year ago Loss attributable to owners of parent was JPY 308 million against JPY 600 million for the same period a year ago. Basic loss per share was JPY 24.23 against JPY 47.17 for the same period a year ago.
The company provided earnings guidance for the year ending April 2019. For the year, the company expects net sales of JPY 4,160 million and operating loss of JPY 340 million.
ZAPPALLAS, INC. is a Japan-based company mainly engaged in the provision of content services. The Company has two business segments. The Mobile Services segment is engaged in the planning, production, development and operation of divination and other digital content through mobile devices, the provision of telephone divination and divination related services, and other mobile-related services, as well as the operation of media sites. The Overseas segment is engaged in the operation of divination sites in the United States, as well as the sale of advertisings and content to users. The Company is also engaged in the application service provider (ASP) business for corporates, the planning of virtual reality (VR) content, the operation of online shopping sites, as well as the travel business.
Zappallas, Inc. Announces Consolidated Earnings Results for the Nine Months Ended January 2019; Provides Earnings Guidance for the Year Ending April 2019
ZAPPALLAS, INC. 
