OPT Holding, Inc. Reports Consolidated Earnings Results for the First Nine Months Ended September 30, 2016; Provides Earnings Guidance for the Year Ending December 31, 2016
October 28, 2016
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OPT Holding, Inc. reported consolidated earnings results for the first nine months ended September 30, 2016. For the nine months, the company reported operating income of ¥1,371 million, ordinary income was ¥1,434 million and net income of ¥761 million or ¥29.44 per basic share and ¥29.29 per diluted share on revenue of ¥52,370 million against operating income of ¥1,037 million, ordinary income of ¥699 million and net income of ¥240 million or ¥9.31 per basic share on revenue of ¥48,423 million for the same period of last year. Income before income taxes was ¥1,557,800,000 against ¥917,570,000 for the same period of last year.
For the year ending December 31, 2016, the company expects operating income of ¥1,800 million, ordinary income of ¥1,800 million and net income of ¥500 million or ¥19.35 per share on revenue of ¥67,000 million.
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 Nine Months Ended September 30, 2016; Provides Earnings Guidance for the Year Ending December 31, 2016