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Japan's Goldwin's net sales surge 9.3% in 9M FY23

06 Feb '24

1 min read

Pic: Goldwin

Insights

Goldwin has reported a substantial increase in net sales, with a 9.3 per cent YoY growth, reaching ¥94.83 billion.
Operating profit also witnessed a notable 5 per cent YoY increase, amounting to ¥19.19 billion.
The company reported a significant 8 per cent YoY growth in profit attributable to owners of the parent company, totalling ¥17.57 billion.

Goldwin Inc, a leading Japanese company in the sports and outdoor wear sector, has reported net sales of ¥94.83 billion, reflecting a substantial increase of 9.3% for the nine months leading up to December 31, 2023 (9M FY23), compared to the same period in the previous fiscal.

Operating profit for 9M FY23 amounted to ¥19.19 billion, indicating a 5% year-on-year (YoY) increase. Similarly, ordinary profit saw a significant uptick, rising by 7.5% YoY to ¥23.58 billion, the company said in a media release.

Profit attributable to owners of the parent company exhibited notable growth, increasing by 8% YoY to reach ¥17.57 billion. Additionally, Goldwin reported earnings per share of ¥389.83 for the nine months ending December 31, 2023, compared to ¥361.12 in the same period in 2022.

Fibre2Fashion News Desk (DP)

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