Beauty Garage's Nine-Month Profit Drops 12%

MT Newswires Live
Mar 10

Beauty Garage's (TYO:3180) profit attributable to owners of the parent fell 12% to 564 million yen for the nine months ended Jan. 31, from 641 million yen a year earlier.

The beauty product supplier's earnings per share declined to 45.00 yen from 50.80 yen a year ago, according to a Tokyo Stock Exchange filing on Tuesday.

Net sales jumped nearly 14% to 27.8 billion yen from 24.5 billion yen in the prior-year period.

For the fiscal year ending April 30, the company expects attributable profit of 1.01 billion yen, EPS of 80.26 yen, and net sales of 38.2 billion yen.

Beauty Garage plans to pay a year-end dividend of 8 yen per share, bringing the annual dividend for the current year to 16 yen, which is higher than the 15 yen paid in the previous year.

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