Shimano reports a net profit of 16.37 billion yen (€123m-$148m)...

2006-02-17T00:00:00

Shimano reports a net profit of 16.37 billion yen (€123m-$148m) for 2005, down from 19.41 billion yen in the previous year. Total revenues declined to 167.9 billion yen (€1,198m-$1,424m) from 169.2 billion yen, mainly due to a drop in the bicycle sector to 125 billion yen (€892m-$1,060m) from 129 billion ...

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