Goldwin’s profits dwindle

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Goldwin’s revenues dropped by 16 percent in the second quarter to ¥19,358 million (€157.4m-$182.5m), while net income tumbled by 59 percent from the year-ago period to ¥915 million (€7.4m-$8.6m). The company’s gross margin fell by 1.4 percentage points to 50.6 percent.

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