Yonex Posts H1 Gains from ForEx
Comprehensive net income tripled to ¥1,338.8 million ($12.1 mm) from ¥441.7 million in the fiscal first half ended Sep. 30 boosted by a billion yen swing in foreign exchange on a 3% gain in sales to ¥32,232.9 million ($290.3 mm) from ¥31,330.4 million. Gross margin contracted 300 basis points to 41.8% due to a shift ... Log in to view full article.
