Descente Posts Record Profits on Anta JV
Net income soared 81% in the fiscal first quarter ended June 30 to ¥4.9 billion ($34 mm) from ¥2.7 billion a year ago, powered by equity method income from the China JV with Anta Sports, as total revenues dropped 10% to ¥24.7 billion ($171 mm) from ¥27.5 billion. Combining direct ... Log in to view full article.
