Gunze reported a 2.3 per cent decrease in net sales to ¥101.45 billion in 9M FY23, with a significant profit increase.
Operating profit rose 28.8 per cent to ¥6.17 billion, and profit to owners grew by 2.9 per cent to ¥3.99 billion.
The apparel segment saw a 1.2 per cent sales drop but a 454.8 per cent operating profit surge to ¥2.02 billion.Gunze reported a 2.3 per cent decrease in net sales to ¥101.45 billion in 9M FY23, with a significant profit increase.
Operating profit rose 28.8 per cent to ¥6.17 billion, and profit to owners grew by 2.9 per cent to ¥3.99 billion.
The apparel segment saw a 1.2 per cent sales drop but a 454.8 per cent operating profit surge to ¥2.02 billion.
