FAN Communications Reports Rise in Consolidated Revenue in August
MT Newswires Live
Sep 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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