OPT Holding, Inc. Reports Consolidated Financial Results for the Six Months Ended June 30, 2016; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2016; Omits to Pay Dividend for the Year Ending December 31, 2016
July 28, 2016
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OPT Holding, Inc. reported consolidated financial results for the six months ended June 30, 2016. For the period, the company has posted net sales of ¥35,353 million against ¥32,675 million a year ago. Operating income was ¥1,163 million against ¥818 million a year ago. Ordinary income was ¥1,058 million against ¥665 million a year ago. Net income was ¥275 million or ¥10.60 basic per share against ¥173 million or ¥0.00 diluted per share a year ago. Net assets per share were ¥609.84 as on June 30, 2016. Income before income taxes was ¥805,525,000 against ¥795,551,000 a year ago.
For the year ending December 31, 2016, the company expects net sales of ¥67,000 million, operating income of ¥1,800 million, ordinary income of ¥1,300 million and net income of ¥500 million or ¥19.35 per share.
For the year ending December 31, 2016, the company expects no dividend against ¥13.00 per share a year ago.
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 Financial Results for the Six Months Ended June 30, 2016; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2016; Omits to Pay Dividend for the Year Ending December 31, 2016