Valtes Co., Ltd. Provides Consolidated Earnings Forecast for the First Half and Full Year of Fiscal Year Ending March 31, 2023
August 16, 2022 at 11:30 am IST
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Valtes Co., Ltd. provided consolidated earnings forecast for the first half and full year of fiscal year ending March 31, 2023. For the first half, the company expected net sales to be JPY 4,049 million, Operating profit to be JPY 374 million, Profit attributable to owners of parent to be JPY 250 million and basic earnings per share to be JPY 36.95.
For the full year, the company expected net sales to be JPY 8,506 million, Operating profit to be JPY 801 million, Profit attributable to owners of parent to be JPY 543 million and basic earnings per share to be JPY 79.98.
Valtes Holdings Co Ltd, formerly Valtes Co Ltd, is a Japan-based company mainly provides software testing services, web/mobile application development services, and offshore services. The Company operates through three segments. The Software Testing Services segment provides manufacturers and software vendor clients with effective testing services from a third-party neutral standpoint by accurately following up on a wide range of activities, including test planning, test design, test case creation, test execution, and test summary reports. The Web/Mobile Application Development Services segment provides web/mobile app development and web security diagnosis (vulnerability diagnosis) for web apps and mobile apps. In the Offshore Services segment, the Company's group company, VALTES Advanced Technology, Inc. provides testing services and contracted system development to support client companies in improving the quality of their products by sharing its know-how with group companies.