The weak yen helps Asics

2013-08-13T00:00:00

Asics Corporation reported a 15.8 percent increase in total revenues to 76.6 billion Japanese yen (€595.8m-$791.8m) for the first quarter of its financial year, ended June 30, but the growth was inflated by the depreciation of its domestic currency. The gross margin was largely flat at 44.8 percent of sales. Operating ...

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