FAN Communications, Inc. Provides Consolidated Earnings Guidance for the First Half and Year Ending December 31, 2023
May 08, 2023 at 11:30 am IST
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FAN Communications, Inc. provided consolidated earnings guidance for the first half and year ending December 31, 2023. For the first half, the company expects net sales of JPY 3,900 million, operating profit of JPY 1,270 million, profit attributable to owners of parent of JPY 843 million and basic earnings per share of JPY 12.71.
For the year, the company expects net sales of JPY 7,970 million, operating profit of JPY 2,540 million, profit attributable to owners of parent of JPY 1,700 million and basic earnings per share of JPY 25.64.
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.