Globeride suffered a 45 percent drop in net income to...

Globeride suffered a 45 percent drop in net income to ¥1.12 billion yen (€8.0m-$10.9m) for the nine months ended Dec. 31. The company, which was formerly called Daiwa Seiko, saw its sales rise by 12 percent to ¥50.64 billion (€361.1m-$493.7m) for the period, but its operating earnings fell by 24 percent to ...

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