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Article Date: November 2017
Word Count: 203

Dunlop Has Profit Against Loss


For the nine months ended Sep. 30, Dunlop’s comprehensive net income was ¥2,407 million ($21.6 mm) against a loss of ¥766 million as revenues increased 2% to ¥55,759 million ($500.2 mm) compared to ¥54,774 million. Its forecast for the year remains unchanged with profit attributable to owners of ¥2,200 million ($19.7 mm) on a 4% sales increase to ¥76,500 million. Total golf equipment sales were flat at ¥40.5 billion while tennis equipment sales inched up 1% to ¥5.3 billion on its entry into the U.S. market. Licensing revenue was flat at ¥500 million. While revenues in Japan fell 3% to ... Log in to view full article.

 


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