Hope, Inc. Provides Earnings Guidance for the First Half and Full Year of Fiscal Year Ending June 30, 2020
August 11, 2020 at 02:45 am
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Hope, Inc. provided earnings guidance for the first half and full year of fiscal year ending June 30, 2020. For the first half, the company expects net sales of JPY 12,200 million, Operating profit of JPY 250 million to JPY 490 million, profit of JPY 150 million to JPY 320 million and earnings per share of JPY 25.09 to JPY 53.53.
For the full year, the company expects net sales of JPY 25,300 million, Operating profit of JPY 1,250 million to JPY 1,750 million, profit of JPY 830 million to JPY 1,170 million and earnings per share of JPY 138.85 to JPY 195.72.
Hope Inc is a Japan-based company engaged in advertising, energy and media businesses. The Company operates through three business segments. Energy segment offers GENEWAT, an electricity retail service that helps local governments reduce costs. Advertising segment offers two kinds of services. The smart resource (SR) service purchases advertising space in various media such as homepages owned by local governments, public relations papers, salary statements distributed to public employees, and envelopes and sells them to private companies. The smart creation (SC) service, in the form of collaborative issuance with local governments, recruits advertisers to produce information booklets for residents and donates the booklets to local governments. Media segment utilizes the relationships with local governments cultivated in the advertising business to provide business to government (BtoG) marketing services, Jichitai Works, and Jichitai Works HA x SH information distribution platform.