Full Year 2020 Park24 Co Ltd Earnings Presentation Transcript

Dec 16, 2020 / NTS GMT
Presentation
Dec 16, 2020 / NTS GMT

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Corporate Participants
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* Koichi Nishikawa
PARK24 Co., Ltd. - President & Representative Director

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Koichi Nishikawa - PARK24 Co., Ltd. - President & Representative Director

I am Koichi Nishikawa, President and Representative Director of PARK24 Company Limited. Thank you very much for taking time out of your busy schedule to access PARK24's financial results briefing for FY 2020, the fiscal year ended on October 31, 2020. I will now present an overview of the financial results for FY 2020 following the presentation material.

Here are the consolidated financial results for FY 2020, which were announced yesterday. We closed the year with JPY 268.9 billion in net sales, JPY 36.3 billion in gross profit, JPY 14.6 billion in operating loss, JPY 15.1 billion in recurring loss and JPY 46.6 billion in net loss attributable to owners of parent. These figures from net sales to recurring loss outperformed the revised plan announced at the time of the

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