Acom Co., Ltd. Announces Consolidated Earnings Results for the Second Quarter Ended September 30, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020
November 05, 2019 at 01:30 am EST
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Acom Co., Ltd. announced consolidated earnings results for the second quarter ended September 30, 2019. For the period, the company reported operating revenue of JPY 139,290 million compared to JPY 137,323 million a year ago. Operating profit was JPY 50,812 million compared to JPY 47,956 million a year ago. Profit for the period was JPY 46,957 million compared to JPY 42,165 million a year ago. Basic earnings per share were JPY 28.79 compared to JPY 25.43 a year ago.
For the fiscal year ending March 31, 2020, the company expects operating revenue of JPY 275,500 million, operating profit of JPY 87,600 million, profit attributable to owners of the parent of JPY 75,500 and basic earnings per share of JPY 48.19.
Acom Co Ltd is a Japan-based company mainly engaged in loan and credit card business, credit guarantee business, overseas financial business, debt management and collection business. The Company operates in four business segments. The Loan and Credit Card segment provides the unsecured loan business and the credit card business with MasterCard as the main product. The Credit Guarantee segment is engaged in credit guarantee business. The Overseas Financial segment includes unsecured loan business in Thailand and the Philippines, installation loan business in Thailand (individual credit purchase brokerage business), and banking business in Indonesia. The Debt Management and Collection segment provides servicer business including debt management and collection business. The others include contracting a contact center and dispatching human resources business.
Acom Co., Ltd. Announces Consolidated Earnings Results for the Second Quarter Ended September 30, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020
ACOM CO., LTD. 
