Q2 2021 Park24 Co Ltd Earnings Presentation Transcript

Jun 15, 2021 / NTS GMT

Release Date Price: $21.55

Transcript

Koichi Nishikawa

PARK24 Co., Ltd. - President & Representative Director

Good afternoon, everyone. I am Nishikawa, President and Representative Director of Park24 Co., Ltd. Thank you very much for taking time out of your busy schedule to participate in today's briefing on PARK24's financial results for the second quarter of the fiscal year ending October 31, 2021.

I would now like to explain our financial results for the second quarter following the presentation material. First of all, let me go over the consolidated results for the first half.

Net sales were JPY 121.8 billion, which is a decrease of JPY 8.1 billion from the planned JPY 130 billion. Gross profit was JPY 17.2 billion, a JPY 6.6 billion decrease compared to the plan. Operating loss was JPY 6.5 billion, a JPY 6 billion increase over the planned JPY 500 million. The

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