Acom Co., Ltd. Announces Consolidated Earnings Results for the Third Quarter Ended December 31, 2018; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2019
January 31, 2019 at 01:30 am EST
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Acom Co., Ltd. announced consolidated earnings results for the third quarter ended December 31, 2018. For the period, the company reported operating revenue of JPY 206,933 million compared to JPY 195,951 million a year ago. Operating profit was JPY 73,615 million compared to JPY 60,652 million a year ago. Profit attributable to owners of the parent was JPY 57,826 million compared to JPY 54,023 million a year ago. Basic earnings per share were JPY 36.91 compared to JPY 34.48 a year ago.
For the fiscal year ending March 31, 2019, the company expects operating revenue of JPY 269,900 million, operating profit of JPY 77,200 million, profit attributable to owners of the parent of JPY 63,600 and basic earnings per share of JPY 40.60.
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 Third Quarter Ended December 31, 2018; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2019