FAN Communications Reports Rise in Consolidated Revenue in August

MT Newswires Live
09/16

FAN Communications (TYO:2461) posted preliminary consolidated revenue for August, showing mixed trends across segments, according to a Tuesday filing on the Tokyo Stock Exchange.

Revenue from its CPA Solution Business fell 7.6% year-on-year to 441.8 million yen, while the Strategic Business grew 57.3% to 136.1 million yen. Consolidated total revenue edged up 2.3% to 577.9 million yen.

Transaction volumes followed a similar pattern, with CPA Solution volumes declining 7.7% to 1.82 billion yen and Strategic Business volumes broadly flat at 155.7 million yen. Consolidated transaction volume fell 7.2% to 1.98 billion yen.

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