Net income including the consolidated Acushnet unit was KRW 98,450 million ($85.0 mm) against KRW 45,302 million, up 117% for the third quarter ended Sep. 30 as sales rose 20% to KRW 866,986 million ($748.6 million) from KRW 725,986 million. Excluding Acushnet, Fila sales rose 20% to KRW 367,676 million ($317.5 mm) from KRW 307,545 million with an operating margin of 20.2% this year (KRW 74,271 mm, or $64.1 mm) against 15.1% last year (KRW 46,439 mm).
Fila USA net profit grew marginally by 7% to $6,837,000 from $6,407,000 as sales jumped 33% to $147,028,000 from $110,220,000 with the gross ... Log in to view full article.