Zappallas, Inc. Reports Consolidated Earnings Results for the First Quarter Ended July 2018
August 31, 2018 at 03:00 am EDT
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Zappallas, Inc. reported consolidated earnings results for the first quarter ended July 2018. For the quarter, the company reported net sales of JPY 988 million against JPY 1,074 million a year ago. Operating loss was JPY 238 million against JPY 106 million a year ago. Ordinary loss was JPY 215 million against JPY 112 million a year ago. Loss attributable to owners of parent was JPY 216 million against JPY 153 million a year ago. Basic loss per share was JPY 17.03 against JPY 12.08 a year ago.
ZAPPALLAS, INC. is a Japan-based company mainly engaged in the provision of content services. The Company has two business segments. The Mobile Services segment is engaged in the planning, production, development and operation of divination and other digital content through mobile devices, the provision of telephone divination and divination related services, and other mobile-related services, as well as the operation of media sites. The Overseas segment is engaged in the operation of divination sites in the United States, as well as the sale of advertisings and content to users. The Company is also engaged in the application service provider (ASP) business for corporates, the planning of virtual reality (VR) content, the operation of online shopping sites, as well as the travel business.
ZAPPALLAS, INC. 
