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Article Date: February 2022
Word Count: 161

Alpen Sales and Profits Drop in First Half


Net income attributable to shareholders dropped 45% to ¥4,333 million ($39.5 mm) in the fiscal first half ended Dec. 31, down from ¥7,829 million the year before, as revenues slipped 6% to ¥112,900 million ($1,028.6 mm) from ¥120,539 million. Results were hit hard by new Covid Delta variant-related restrictions that were finally lifted in Oct., but then seasonal cold weather failed to materialize, hurting winter sports sales. Golf inched up 1% to ¥45,566 million, but every other category declined, with general ... Log in to view full article.

 


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