Net income improved in the final fiscal quarter ended Mar. 31 to ¥2,989 million ($20.2 mm) from ¥2,088 million, but the top line slipped 5% to ¥61,665 million ($148.3 mm) from ¥64,642 million, capping a year of broad-based gains for the brand.

Profits attributable to shareholders nearly doubled to $99,965,000 in the first quarter from $50,844,000 last year despite revenues that declined 5% to $2,003,622 from $2,107,446, driven by a normalizing order book and a one-off asset disposal that added about $12.6 million.

The world’s largest bike maker reported Q1 net income of TWD 519.7 million ($16.7 mm), down 38% from TWD 835.8 million, on 20% lower revenue of TWD 16,063.2 million ($514.8 mm) against TWD 20,119.3 million.

Xebio net income declined 52% to ¥2,592 million ($36.4 mm) from ¥5,397 million on sales that were up 1% to ¥242,433 million ($1,634.7 mm) over ¥239,293 million for the fiscal year ended Mar. 31.

The bottom line at the South African protective equipment maker swung to an $816,679 loss from income of $1,023,221 for the first quarter as revenue declined 19% to $10,614,470 from $13,079,343.

A PA man will plead guilty to netting $823,000 in profits from tips passed on to him by a Dick’s SG data analytics employee, according to a PA district court filing.