Zappallas, Inc. Announces Consolidated Earnings Results for the Nine Months Ended January 2018; Provides Earnings Guidance for the Year Ending April 2018
March 07, 2018 at 12:30 pm IST
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Zappallas, Inc. announced consolidated earnings results for the nine months ended January 2018. For the quarter, the company reported net sales of JPY 3,337 million against JPY 3,631 million for the same period a year ago. Operating loss was JPY 542 million against operating income of JPY 162 million for the same period a year ago. Ordinary loss was JPY 553 million against ordinary income of JPY 197 million for the same period a year ago. Loss attributable to owners of parent was JPY 600 million against profit attributable to owners of parent of JPY 132 million for the same period a year ago. Basic loss per share was JPY 47.17 against basic earnings per share of JPY 10.44 for the same period a year ago.
The company provided earnings guidance for the year ending April 2018. For the year, the company expects net sales of JPY 4,800 million and operating loss of JPY 650 million.
ZAPPALLAS, INC. is a Japan-based company mainly engaged in the provision of content services. The Company has two business segments. The Mobile Services segment is engaged in the planning, production, development and operation of divination and other digital content through mobile devices, the provision of telephone divination and divination related services, and other mobile-related services, as well as the operation of media sites. The Overseas segment is engaged in the operation of divination sites in the United States, as well as the sale of advertisings and content to users. The Company is also engaged in the application service provider (ASP) business for corporates, the planning of virtual reality (VR) content, the operation of online shopping sites, as well as the travel business.
Zappallas, Inc. Announces Consolidated Earnings Results for the Nine Months Ended January 2018; Provides Earnings Guidance for the Year Ending April 2018
ZAPPALLAS, INC. 
