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FINWIRES

Jins' Nine-Month Profit Slips 0.7%

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Jins' (TYO:3046) profit attributable to owners of the parent slipped 0.7% to 6.24 billion yen for the nine months ended May 31 from 6.29 billion yen a year earlier.

The eyewear company's earnings per share declined to 267.37 yen from 269.29 yen a year ago, according to a Tokyo bourse filing on Friday.

Net sales jumped 16% to 80.7 billion yen during the period from 69.8 billion yen in the prior-year period.

For the fiscal year ending Aug. 31, the company expects attributable profit of 8.62 billion yen, EPS of 369.39 yen, and net sales of 110.4 billion yen.

Jins plans to pay a year-end dividend of 68 yen per share for the current year, bringing the total payout to 115, which is higher than the amount paid a year ago.

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