Zett Posts H1 Profit Gain despite Lower Sales
Comprehensive net income was ¥366 million ($3.3 million) against a loss of ¥79 million in the fiscal first half ended Sep. 30 helped by 120 basis points of gross margin expansion to 19.0% even as sales declined 2% to ¥19,914 million ($179.4 million) from ¥20,268 million. Excluding comprehensive items, net income gained 79% to ¥206 million. Wholesale division ... Log in to view full article.
