Interviews
News Flash
Adastria Q1 FY21: sales ¥33 bn; online sales rise 26%
03 Jul '20
1 min read
Pic: Adastria/ Barnyadstorm
Adastria Co Limited, a Japan-based retail company, reported 40.9 per cent decline in its net sales to ¥33.2 billion (Japanese Yen) in first quarter (Q1) FY21, ended on May 31, 2020 compared to sales of ¥56.2 billion in same quarter prior year. Company’s domestic e-commerce sales during the quarter increased 25.7 per cent to ¥13.4 billion during Q1 FY21.
Company incurred a net loss of ¥3.6 billion during the quarter compared to net income of ¥3.2 billion in Q1 FY20.
Gross profit for the reported quarter were down to ¥17.6 billion (Q1 FY20: ¥32.8 billion). Selling General & Administrative expenses fell to ¥22.4 billion (¥27.6 billion). Operating loss were ¥4.7 billion compared to operating profit were ¥5.2 billion in Q1 FY20.
Fibre2Fashion News Desk (JL)
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
