Qol Holdings Co., Ltd. Revises Earnings Guidance for the Second Quarter of the Fiscal Year Ending March 31, 2021
October 27, 2020 at 09:30 pm EDT
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Qol Holdings Co., Ltd. revised earnings guidance for the second quarter of the fiscal year ending March 31, 2021. For the period, the company revised its sales guidance to JPY 79,090 million against previous forecast of JPY 77,500 million a year ago. Revised Operating income is JPY 2,080 million against previous forecast of JPY 800 million a year ago. Revised Profit attributable to owners of parent is JPY 630 million against previous forecast of JPY 200 million a year ago. Revised Earnings per share is JPY 16.75 per share against previous forecast of JPY 5.27 per share a year ago.
Qol Holdings Co.,Ltd., formerly Qol Co., Ltd. is engaged in the operation of insurance pharmacies and Business Process Outsourcing (BOP) commission business. The Company operates in two segments. The Insurance Pharmacy segment is engaged in the operation of insurance pharmacies, as well as the operation of convenience stores in hospitals. The BOP Commission segment is engaged in the Contract Sales Organization (CSO) business, Contract Research Organization (CRO) business, medical related business and the wholesale of medicine products, cosmetic products and daily necessities through its subsidiaries.