Globeride Net Triples on 6% Higher Sales
A nearly 2 billion foreign exchange improvement boosted comprehensive net income to ¥2,398 million ($21.6 mm) from ¥745 million in fiscal H1 ended Sep. 30 on 6% higher revenues at ¥44,951 million ($404.8 mm) vs. ¥42,274 million. Gross margin was 140 basis points lower at 36.5% due to investments ... Log in to view full article.