OPT Holding, Inc. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2016; Provides Consolidated Earnings Guidance for the Full Year Ending December 31, 2016
April 27, 2016
Share
OPT Holding, Inc. reported consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported net sales of JPY 18,551 million compared to JPY 16,397 million a year ago. Operating income was JPY 889 million compared to JPY 363 million a year ago. Ordinary income was JPY 817 million compared to JPY 288 million a year ago. Net income attributable to owners of the parent was JPY 180 million compared to JPY 120 million a year ago. Net income per share was JPY 6.99 compared to JPY 4.65 a year ago. Income before income taxes was JPY 580.487 million compared to JPY 581.966 million a year ago.
The company provided consolidated earnings guidance for the full year ending December 31, 2016. For the year, the company expects net sales of JPY 66,000 million, operating income of JPY 1,350 million, ordinary income of JPY 1,000 million and net income of JPY 270 million or JPY 10.45 per share.
Digital Holdings Inc, formerly OPT Holding Inc is a Japan-based company principally engaged in the Internet advertising business. The Company operates in two business segments. The Marketing segment provides Internet advertising for large companies, digital marketing, related services, and digital marketing solutions for local small and medium enterprises. The Synergy Investment segment is involved in the investment in Internet-related venture companies, the information collecting in the United States, the development of artificial intelligence (AI) and AI platforms, the provision of digital shift support education services for companies, and the general trade operated in China.
OPT Holding, Inc. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2016; Provides Consolidated Earnings Guidance for the Full Year Ending December 31, 2016