Bell-Park Co.,Ltd. Reports Earnings Results for the First Half of 2013; Provides Earnings Guidance for the Fiscal Year 2013
August 21, 2013 at 07:19 am EDT
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Bell-Park Co.,Ltd. reported earnings results for the first half of 2013. For the period, the company posted a net income of JPY 1.18 billion, up by 22.2% from JPY 968 million in the year-ago period. Net sales grew 18.5% to record of JPY 41.55 billion as the company sold 489,556 handsets in the six-month period.
The company announced that for the fiscal year 2013, as the company made more sales than initially expected, it has raised its target to 1.02 million handsets sold from the previous target of 960,000 handsets. The company also upped it profit guidance to JPY 1.83 billion and revenues are expected at JPY 86.20 billion.
Bell-Park Co., Ltd. is a Japan-based company engaged in the information and communication devices sale and service business centering on the operation of carrier shops. Among them, SoftBank Shops, au Shops, Y!mobile Shops and UQ Spots operate as the primary sales agent for mobile communication services, Docomo shop operates as a secondary agency. In the carrier shops, the Company arranges new contract of information communication service, sell products such as information communication equipment, conducts installment contract, maintenance business, fee planning and communication fee relates business. The co-sales stores operated by the secondary agency are limited to the sale of new contracts of information communication services and products such as information communication devices.