Honmagolf (06858) released its interim results for the six months ended September 30, 2024, with revenue of 98....
According to the Zhitong Financial APP, Honmagolf (06858) released its interim results for the six months ended September 30, 2024, with revenue of 9.815 billion yen, a year-on-year decrease of 25.62%; the loss attributable to shareholders was 0.846 billion yen, compared to a profit of 3.329 billion yen in the same period last year, turning from profit to loss; basic loss per share was 1.4 yen.
The announcement stated that revenue from golf clubs decreased from 10.012 billion yen for the six months ended September 30, 2023, by 33.3% to 6.674 billion yen during the period, mainly due to declines in golf club sales in south korea and china (including Hong Kong and Macau) of 89.5% and 26.5%, respectively. Based on fixed exchange rates, revenue from golf clubs decreased by 35.6% during the same period.