Globeride Profits Gain on Flat Sales
The Daiwa fishing and golf parent company saw net income improve 6% to ¥1,677 million ($11.2 mm) from ¥1,585 million in the fiscal second quarter ended Sep. 30, but revenues were flat, inching up to ¥33,772 million ($226.5 mm) from ¥33,760 million prior. Americas sales grew 4% to ¥3,699 million ($24.8 mm) helped by the weak yen. The ... Log in to view full article.