Financial

Shimano’s earnings rise by 26%

2020-07-28T10:00:00

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Shimano’s sales for the first half of the year decreased by 11.9 percent from the year-ago period to 160,255 million yen (€1.3bn-$1.5bn), hampered by lockdowns around the world in response to Covid-19 during the first quarter. However, sales improved in the second quarter due to the soaring popularity of cycling ...

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