Zett Profits Improve in Dec. Quarter
Net income jumped eleven-fold in the Japanese distributor and equipment maker’s fiscal third quarter ended Dec. 31 to ¥108 million ($0.7 mm) from ¥9 million, on revenues that inched up 1% to ¥11,890 million ($80.4 mm) from ¥11,784 million. The wholesale business improved by 2% to ¥11,441 million, while the small manufacturing, retail and facilities segment was down 16% to ¥449 million. Zett said that sales were helped by more tournaments ... Log in to view full article.
