Descente Sees Record Profits, Powered by China
Net income nearly doubled in the fiscal first quarter ended June 30 to ¥9.0 billion ($56.5 mm) from ¥4.9 billion a year ago, buoyed by equity method income from the China JV with Anta Sports, as total revenues grew 12% to ¥27.7 billion ($173.8 mm) from ¥24.7 billion. Combining direct and JV sales revenue ... Log in to view full article.
