Zappallas, Inc. Reports Consolidated Earnings Results for the Second Quarter Ended October 2016
December 09, 2016 at 11:00 am EST
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Zappallas, Inc. reported consolidated earnings results for the second quarter ended October 2016. For the period, the company's net sales were ¥2,397 million against ¥3,029 million a year ago. Operating income was ¥84 million against ¥170 million a year ago. Ordinary income was ¥4 million against ¥196 million a year ago. Loss attributable to owners of parent was ¥1 million against profit attributable to owners of parent of ¥365 million a year ago. Net loss per basic share was ¥0.14 against net income per basic share of ¥28.74 a year ago.
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. 
