Zappallas, Inc. Reports Consolidated Earnings Results for the First Quarter Ended July 31, 2017; Provides Consolidated Earnings Guidance for the Fourth Quarter of 2018
September 12, 2017 at 03:00 am EDT
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Zappallas, Inc. reported consolidated earnings results for the first quarter ended July 31, 2017. For the quarter, the company reported net sales of ¥1,074 million against ¥1,163 million a year ago. Operating loss was ¥106 million against operating income of ¥39 million a year ago. Ordinary loss was ¥112 million against ¥49 million a year ago. Loss attributable to owners of parent was ¥153 million against ¥37 million a year ago. Basic LPS was ¥12.08 against ¥2.94 per share a year ago.
For the fourth quarter of 2018, the company expects net sales to be ¥4,800 million and operating loss to be ¥650 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. Reports Consolidated Earnings Results for the First Quarter Ended July 31, 2017; Provides Consolidated Earnings Guidance for the Fourth Quarter of 2018
ZAPPALLAS, INC. 