Harman’s net income declines 79.7% y/y to USD35m in Q3 2013
Sales decrease 3.1% y/y amid lower automobile production in Western Europe
In the third quarter (Q3) ended 31 March 2013, Harman reported a 79.7% year-on-year (y/y) decline in net income to USD35m compared with USD173m in Q3 2012, according to a company press release.
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