Akebono Brake Q1 FY2012-13 net up 33.7% to USD11.5m

News
Financial results

Japan sales improve 10.3% y/y

Akebono Brake reported a 33.7% year-on-year (y/y) gain in net income for the first quarter ended 30 June 2012; profits increased to JPY916m (USD11.5m), moving up from JPY685m (USD8.4m) in Q1 of financial year (FY) 2011-12.

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