Goldwin group reported a 14.1 percent drop in operating profit to ¥5,214 million (€31.5m) from ¥6,070 million for the six months ended Sep. 30. Profit attributable to Goldwin increased by 7 percent to ¥7,865 million (€47.5m) as H1 sales rose by 4.4 percent to ¥53,367 million (€322.3m) versus ¥51,096 million in the year-ago period.
Goldwin’s current annual outlook calls for 5.0 percent revenue growth to ¥133,200 million (804.3m) but a 24 percent decline in operating income to ¥18,100 million (€109.3m). FY profit attributable to owners of the parent is forecast to dip by 13.5 percent to ¥21,000 million (€126.8m).