Gree, Inc. Reports Consolidated Earnings Results for the First Quarter Ended September 30, 2018; Provides Earnings Guidance for the Second Quarter of Fiscal 2019
October 25, 2018
Share
Gree, Inc. reported consolidated earnings results for the first quarter ended September 30, 2018. For the quarter, the company reported net sales of JPY 18,157 million against JPY 21,614 million a year ago. Operating income was JPY 1,616 million against JPY 2,694 million a year ago. Net income attributable to shareholders of parent was JPY 2,083 million or JPY 8.84 per share against JPY 1,904 million or JPY 8.10 per share a year ago.
Second quarter earnings forecast: net sales to be JPY 17 billion through JPY 18 billion, operating income to be JPY 1 billion to JPY 1.5 billion.
Gree Inc is a Japan-based company mainly engaged in the internet media business. The Company is mainly engaged in the operation of GREE, the development and operation of app games for smartphones in Japan and overseas, as well as the operation of advertising media, and the provision of live entertainment business.
Gree, Inc. Reports Consolidated Earnings Results for the First Quarter Ended September 30, 2018; Provides Earnings Guidance for the Second Quarter of Fiscal 2019