Contact lens manufacturer Jing Shuo (6491) announced its latest financial report for 2025 on the 28th, benefiting from the rise of the US dollar, resulting in impressive foreign exchange gains. Despite a decrease in revenue for the first quarter, the year-on-year decline in net profit after tax was reduced to 4.12%, with earnings per share (EPS) reaching 6.27 yuan, marking the second highest in history for the same period.

According to the latest FactSet survey, nine analysts revised their EPS forecast for Jing Shuo's 2025 from 24.66 yuan to 24.9 yuan, with a target price set at 415 yuan.

The latest financial report shows that Jing Shuo's revenue for the first quarter was 1.593 billion yuan, down 11.2% quarter-on-quarter and 7.65% year-on-year; the gross profit margin remained at 55.1%. Although revenue faced pressure from high customer inventory in China, a foreign exchange gain of 17.64 million yuan was achieved due to the dollar appreciation, along with non-operating contributions from penalties related to construction delays at the new Daxi plant, resulting in a total net profit after tax of 489 million yuan, a year-over-year decline of 4.12%.

Today (29th), Jing Shuo opened higher and closed at 343.5 yuan, up 16 yuan or 4.89%.