Japan Asia Group Limited reported consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported revenues of JPY 50,778 million against JPY 46,436 million a year ago. Operating profit was JPY 1,151 million against loss of JPY 568 million a year ago. Ordinary loss was JPY 87 million against JPY 1,432 million a year ago. Loss attributable to shareholders of company was JPY 220 million or JPY 8.23 per share against JPY 2,012 million or JPY 74.29 per share a year ago. Profit before income taxes was JPY 454 million against loss before income taxes of JPY 1,442 million a year ago.

For the year ending March 31, 2018, the company expects net sales of JPY 80,000 million; operating profit of JPY 2,800 million, ordinary profit of JPY 1,000 million and profit attributable to owners of parent of JPY 1,200 million or JPY 44.84 per share.

For the year ending March 31, 2018, the company expects to pay year-end dividend of JPY 10.00 per share compared to JPY 20.00 per share for the same period last year.