FAN Communications, Inc. Provides Consolidated Earnings Guidance for the Period Ending June 2024 and December 2024
February 08, 2024 at 01:00 am EST
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FAN Communications, Inc. provided consolidated earnings guidance for the period ending June 2024 and December 2024. For the period ending June 2024, the company expected net sales of JPY 3,310 million, operating profit of JPY 780 million, profit attributable to owners of parent of JPY 520 million and basic earnings per share of JPY 7.85.
For the period ending December 2024, the company expected net sales of JPY 6,980 million, operating profit of JPY 1,910 million, profit attributable to owners of parent of JPY 1,510 million and basic earnings per share of JPY 22.79.
FAN Communications Inc is a Japan-based company engaged in offering affiliate advertising services. The Company operates in two business segments. The Cost Per Action (CPA) Ad Network Business is engaged in the provision of advertising service targeted at personal computer (PC) users under the name A8.net and cellular phone users under the name Moba8.net, as well as smart phone user under the name adcrops. The Cost Per Click (CPC)/Targeting Ad Network Business is engaged in the provision of service for operation type advertisement under the name nend and for retargeting advertisement distribution under the name nex8. The Company is also involved in the media business.