Home Street Fashion Japanese firm Descente’s net sales climb 4.6% in Q3 FY23

Japanese firm Descente’s net sales climb 4.6% in Q3 FY23

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Descente reported a net sales increase of 4.6 per cent to 90,100 million yen in Q3 FY23 compared to Q3 FY22.
Gross profit increased by 9 per cent to 54,059 million yen.
However, operating income fell by 866 million yen, and net income dropped by 1,828 million yen.
The gross profit rate rose to 60 per cent, but the net income rate declined to 9.3 per cent.Descente reported a net sales increase of 4.6 per cent to 90,100 million yen in Q3 FY23 compared to Q3 FY22.
Gross profit increased by 9 per cent to 54,059 million yen.
However, operating income fell by 866 million yen, and net income dropped by 1,828 million yen.
The gross profit rate rose to 60 per cent, but the net income rate declined to 9.3 per cent.