Financial

Descente lowers full-year sales guidance

2021-02-18T14:29:00

Descente saw its profits surge in the third fiscal quarter ended Dec. 31, 2021, with net income soaring by 172.8 percent to 4,828 million yen (€37.8m-$45.7m). This was mainly due to extraordinary income of ¥7,535 million linked to the reorganization of its Descente China Holding joint venture with Anta Sports ...

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