Preview - Please log in to view full article.

Article Date: February 2018
Word Count: 120

Yonex Profit Doubles despite Margin Pressure


A ¥1.2 billion positive swing in comprehensive items, most of it from foreign exchange, boosted comprehensive net income to ¥1,283.1 million ($11.4 mm) from ¥650.2 million for the nine months ended Dec. 31, as revenues climbed 2% to ¥46,201.0 million ($409.2 mm) from ¥45,239.1 million. Gross margins contracted 330 basis points to 40.5% blamed on increased raw materials prices and ... Log in to view full article.

 


Already a subscriber?

User Name:  

Password:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.