Zinus, 3Q Operating Profit Down 70%... Executes Free Capital Increase

Jinus announced on the 6th that it recorded consolidated sales of 221.48 billion KRW and an operating profit of 3.162 billion KRW for the third quarter.

Sales decreased by 22.61% compared to the same period last year, and operating profit fell by 70.11% during the same period. Net profit for the period was 1.333 billion KRW, down 88.58% from the same period last year.

In addition, Jinus decided on a stock dividend of 0.1 shares per share on the same day. The record date for new shares is November 22, and the listing date is scheduled for December 15.