MarkLines Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 08, 2023 at 02:00 am EDT
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MarkLines Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was JPY 1,275.4 million compared to JPY 1,194.36 million a year ago. Net income was JPY 374.24 million compared to JPY 309.45 million a year ago.
Basic earnings per share from continuing operations was JPY 28.32 compared to JPY 23.42 a year ago. Diluted earnings per share from continuing operations was JPY 28.29 compared to JPY 23.4 a year ago.
MarkLines Co Ltd is a Japan-based company mainly engaged in the provision of online information services specializing in the automobile industry. The Company operates automotive industry portal which provides solutions through eight business segments includes information platform segment, consulting segment, recruitment segment, LMC Automotive Ltd. products (market forecast information) sales segment, promotional advertising segment, teardown investigation data sales segment, and vehicle parts procurement agency segment. The Company forms the supply chain of the automotive industry with related companies providing products and services include complete vehicle manufacturers, supporting parts manufacturers, materials manufacturers, equipment and machinery manufacturers, software vendors, trading companies, and transportation companies.