Hottolink, Inc. Announces Consolidated Earnings Results for the Six Months Ended June 30, 2014; Provides Earnings Guidance for the Full Year Ending December 31, 2014
August 05, 2014 at 07:45 am EDT
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Hottolink, Inc. announced consolidated earnings results for the six months ended June 30, 2014. For the period, the company reported net sales of JPY 502 million compared to JPY 418 million a year ago. Operating income was JPY 65 million compared to JPY 63 million a year ago. Ordinary income was JPY 65 million compared to JPY 61 million a year ago. Net income was JPY 27 million compared to JPY 30 million a year ago. Diluted EPS was JPY 2.74. Income before income taxes and minority interests was JPY 64.997 million compared to JPY 61.795 million a year ago. Net cash provided by operating activities was JPY 70.530 million compared to JPY 105.788 million a year ago. Purchase of property, plant and equipment was JPY 17.909 million compared to JPY 30.476 million a year ago. Purchase of intangible assets was JPY 24.107 million compared to JPY 17.085 million a year ago. Payments for investments in capital was JPY 1.000 million.
For the year ending December 31, 2014, the company expects net sales of JPY 1,261 million, operating income of JPY 270 million, ordinary income of JPY 270 million and net income of JPY 130 million or JPY 13.45 per share.
Hotto Link Inc. is engaged in the provision of cloud service (social cloud service business) to support the use of social big data. The Company operates through two business segments. The Software as a Service (SaaS) segment provides e-mining, Review @ manager series. The Solution segment is engaged in the data sales, provision of analytic engines, and sale of Illustrated Chinese trend Express. In Other segment, the main products are data center usage fee and service usage fee for ringing and ringing tone.
Hottolink, Inc. Announces Consolidated Earnings Results for the Six Months Ended June 30, 2014; Provides Earnings Guidance for the Full Year Ending December 31, 2014