Q2 2023 Park24 Co Ltd Earnings Presentation Transcript

Jun 15, 2023 / NTS GMT
Presentation
Jun 15, 2023 / 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 Nishikawa. Thank you very much for taking time out of your busy schedule today to attend the Financial Results Briefing Meeting of Park24 for the First Half of the Fiscal Year Ending October 2023.

I will now explain the overview of the financial results following the presentation material. First, let me go over the figures. The net sales were JPY 157 billion. Gross profit was JPY 41.6 billion. Operating profit was JPY 15 billion. Recurring profit was JPY 11.4 billion, and net income was JPY 7.9 billion. All items exceeded the plan for this fiscal year announced last December, and we had a very strong half year.

The main reason for this strong performance was the favorable external environment with the impact of COVID-19 limited than what we had expected. The

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