Shimano lowers outlook after profits dip

2017-07-31T00:00:00

Shimano has revised its profit outlook for the full year after its net income for the first half of the year dropped by 18.1 percent over the year-ago period to 18,774 million yen (€144.1m-$167.8m). Sales were also lower, dipping by 2.0 percent to ¥163,079 million (€1.3bn-$1.5bn).

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