FAN Communications, Inc. Provides Consolidated Earnings Guidance for the Six Months Ending June 2021 and Year Ending December 2021
May 10, 2021 at 02:00 am EDT
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FAN Communications, Inc. provided consolidated earnings guidance for the six months ending June 2021 and year ending December 2021. For the six months, the company expects Net sales of JPY 14,100 million, Operating profit of JPY 1,300 million, Profit attributable to owners of parent of JPY 900 million and Basic earnings per share of JPY 12.27.
For the year ending December 2021, the company expects Net sales of JPY 28,900 million, Operating profit of JPY 2,720 million, Profit attributable to owners of parent of JPY 1,890 million and Basic earnings per share of JPY 25.77.
FAN Communications Inc is a Japan-based company engaged in offering affiliate advertising services. The Company operates in two business segments. The Cost Per Action (CPA) Ad Network Business is engaged in the provision of advertising service targeted at personal computer (PC) users under the name A8.net and cellular phone users under the name Moba8.net, as well as smart phone user under the name adcrops. The Cost Per Click (CPC)/Targeting Ad Network Business is engaged in the provision of service for operation type advertisement under the name nend and for retargeting advertisement distribution under the name nex8. The Company is also involved in the media business.