In section Market Quotes

Jason Co. profit slips despite quarterly revenue growth

Jason Co. Ltd. reported a net profit of 85 million yen for the first quarter ending May 31, a slight decline from the 89 million yen recorded during the same period last year. Despite the bottom-line dip, the Japanese firm saw its quarterly revenue climb to 7.40 billion yen from 6.87 billion.

Jason Co. profit slips despite quarterly revenue growth

Operating profit for the quarter reached 153 million yen, showing a modest increase over the previous year's 147 million yen. Pretax profit followed a similar upward trend, rising to 162 million yen from 153 million. The company's earnings per share dropped to 6.71 yen from 6.96 yen a year earlier. These figures were prepared in accordance with Japanese accounting standards.

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