Zappallas, Inc. Announces Earnings Results for Third Quarter Ended Jan. 31, 2016; Provides Earnings Guidance for the Full Year 2016; Provides Dividend Outlook for Third Quarter of 2016
March 09, 2016 at 11:30 am EST
Share
Zappallas, Inc. announced earnings results for third quarter ended Jan. 31, 2016. For the quarter, the company reported net sales of ¥4,301 million, operating income of ¥196 million, ordinary income of ¥205 million, loss attributable to owners of parent of ¥520 million or ¥40.85 per share, compared to the net sales of ¥5,568 million, operating income of ¥381 million, ordinary income of ¥584 million, loss attributable to owners of parent of ¥38 million or ¥3.06 per share, for the same quarter a year ago.
For the full year 2016, the company forecast net sales of ¥5,514 million, operating income of ¥132 million, ordinary income of ¥83 million, loss attributable to owners of parent of ¥589 million or ¥46.26 per share.
For the third quarter 2016 the company announced dividend of ¥0.00 against ¥10 in April 2015.
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 Earnings Results for Third Quarter Ended Jan. 31, 2016; Provides Earnings Guidance for the Full Year 2016; Provides Dividend Outlook for Third Quarter of 2016
ZAPPALLAS, INC. 