Alpen First Half Profits Slip Lower
Net income dropped 70% to ¥945 million ($6.4 mm) from ¥3,123 million in the fiscal first half ended Dec. 31 on revenues that increased 2% to ¥122,401 ($828.0 mm) from ¥120,258 million. General Sports led the Japanese multi-banner retailer’s top line gain with a 16% lift to ¥28,006 million, while Sports Lifestyle was up 4% to ¥27,887 million. These were partially offset by a ... Log in to view full article.