Hitachi net income dips 49.4% y/y to USD1.8bn in FY2012-13

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Financial results

Expects full year revenue of USD97.6bn

Hitachi’s net income decreased 49.4% year-on-year (y/y) to JPY175.3bn (USD1.85bn, 31 March 2013) in the financial year ended on 31 March 2013 from JPY347.1bn (USD4.2bn, 31 March 2012) recorded a year ago, says a company press release.

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