Meitec Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2020
November 06, 2019
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Meitec Corporation reported consolidated earnings results for the six months ended September 30, 2019. For the six months, the company reported net sales of JPY 49,577 million compared to JPY 47,621 million a year ago. Operating profit was JPY 6,003 million compared to JPY 5,827 million a year ago. Profit was JPY 3,970 million compared to JPY 3,885 million a year ago. Earnings per share were JPY 142.91 compared to JPY 138.39 a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2020. For the period, the company expects net sales of JPY 101,800 million, operating profit of JPY 12,900 million, and profit of JPY 8,800 million or JPY 318.83 per share.
Meitec Group Holdings Inc, formerly Meitec Corp, is a Japan-based company mainly engaged in the engineering solutions business and engineer introduction business. The Company operates in two business segments. The Engineering Solutions business segment is engaged in the provision of engineering solution services with a focus on engineer dispatch services. This segment includes high-end engineer dispatching business, middle-range engineer dispatching business, senior engineer dispatching business, registered staffing business whose main customers are the manufacturing industry, and general outsourcing business. The Engineer Introduction business segment is engaged in the employment placement business for engineers.
Meitec Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2020
MEITEC GROUP HOLDINGS INC. 
