Globeride Hurt by High Price and Energy Costs
The Daiwa fishing and golf parent company saw net income tumble 50% to ¥1,124 million ($7.8 mm) from ¥2,210 million in the fiscal third quarter ended Dec. 31, as revenues declined 9% to ¥28,612 million ($198.1 mm) from ¥31,538 million. Americas sales inched down 2% to ¥2,833 ($19.6 mm), as concerns about high inflation was a headwind, while Europe grew ... Log in to view full article.
