Globeride Profits Halved in Q2
The Daiwa fishing and golf parent company saw net income tumble 48% to ¥1,585 million ($11.0 mm) from ¥3,071 million in the fiscal second quarter ended Sep. 30, as revenues were 10% lower to ¥33,760 ($233.7 mm) million from ¥37,342 million prior. Americas sales contracted 19% to ¥3,540 million ($24.5 mm), primarily driven by inflationary pressures. The home ... Log in to view full article.
