Shimano Performs Better Than Expected

Shimano’s net income increased by 57.2 percent to ¥10.11 billion (€64.4m-$83.7m) for the first six months ended June 30, with a jump of 93 percent in the 2nd quarter. First-half sales were up by 24.0 percent to ¥99.79 billion (€636.2m-$826.1m), with bicycles recording the biggest growth. Second-quarter sales and operating ...

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