Adways Inc. Reports Consolidated Financial Results for the Third Quarter Ended Dec. 31, 2013; Provides Earnings Guidance for Fiscal 2014
January 30, 2014
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Adways Inc. reported consolidated financial results for the third quarter ended Dec. 31, 2013. For the quarter, the company reported operating profit of ¥533 million and net profit of ¥348 million or ¥9.33 per basic share on net sales of ¥22,272 million against operating profit of ¥257 million and net profit of ¥274 million or ¥7.12 per basic share on net sales of ¥15,582 million for the same quarter of last year. ROE was 3.1% against 6.0% for the same period of last year and ROA was 2.1% against 3.3% for the same period of last year.
For fiscal 2014, the company expects operating profit of ¥790 million and net profit of ¥500 million on net sales of ¥30,000 million.
Adways Inc. is primarily engaged in providing Internet advertising service. The Advertising segment is engaged in connecting advertisers of Website operators, content providers and smart-phone app developers, to advertising media of Websites, game apps and other media, through the Companyâs advertising system. The Apps and Media segment is engaged in developing and operating smart-phone apps and other media. The Overseas segment is engaged in providing support service of Internet marketing for local and foreign companies overseas mainly in China, and also in providing smart-phone app advertising service.
ADWAYS INC. 
