Acom Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the First Half Ended September 30, 2018; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2019
November 01, 2018 at 02:30 am EDT
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Acom Co., Ltd. announced consolidated and non-consolidated earnings results for the first half ended September 30, 2018. For the period, on consolidated basis, the company reported total operating revenue of JPY 137,323 million against JPY 128,986 million for the same period a year ago. Operating profit was JPY 47,956 million against JPY 38,383 million for the same period a year ago. Ordinary profit was JPY 48,207 million against JPY 38,828 million for the same period a year ago. Income before income taxes was JPY 48,192 million against JPY 38,814 million for the same period a year ago. Profit was JPY 42,165 million against JPY 36,020 million for the same period a year ago. Profit attributable to owners of parent was JPY 39,839 million against JPY 34,442 million for the same period a year ago. Basic earnings per share were JPY 25.43 against JPY 21.99 for the same period a year ago.
For the period, on non-consolidated basis, the company reported total operating revenue of JPY 101,405 million against JPY 96,559 million for the same period a year ago. Operating profit was JPY 36,293 million against JPY 30,180 million for the same period a year ago. Ordinary profit was JPY 39,908 million against JPY 33,686 million for the same period a year ago. Income before income taxes was JPY 39,860 million against JPY 33,677 million for the same period a year ago. Profit was JPY 36,780 million against JPY 32,845 million for the same period 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, ordinary profit of JPY 77,700 million and profit attributable to owners of parent of JPY 63,600 million or JPY 40.60 per basic share.
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 and Non-Consolidated Earnings Results for the First Half Ended September 30, 2018; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2019