Jewelry designer and seller LJ International Inc. has changed its fiscal year closing date to March 31 from the previous December 31.
The main aim of the date change is to bring its reporting structure into line with other similar firms in order to improve comparability on both a quarterly and an annual basis, the board of directors said in a statement.
LJ International designs, brands, markets and distributes a full range of jewelry and it has also established the ENZO retail chain in China.
It also distributes jewelry to department stores and other specialty jewelry retailers in the U.S. and in Europe.