Descente Sees China Strength Offsets Weakness Elsewhere
Net income jumped 23% in the fiscal second quarter ended Sep. 30 to ¥4.3 billion ($29 mm) from ¥3.5 billion, helped by its Chinese joint venture with Anta Sports, as revenues fell 12% to ¥31.1 billion ($211 mm) from ¥35.3 billion. Grossing up sales through its various equity method JVs, global Descente brand sales were ¥74.5 ... Log in to view full article.
