Descente’s Profit Grows in Q2 on Sales Gains
Net income nearly doubled in the fiscal second quarter ended Sep. 30 to a record high ¥8.5 billion ($56.4 mm) from ¥4.3 billion, boosted by its Chinese joint venture with Anta Sports, as revenues grew 7% to ¥33.3 billion ($209.2 mm) from ¥31.1 billion. Grossing up sales through ... Log in to view full article.