Topy Industries’ net income down 99% y/y to USD121,003 in Q1 FY2013-14
Sales down 10% y/y to USD545m
Topy Industries reported 98.8% year-on-year (y/y) decrease in net income to JPY12m (USD121,003 on 30 June 2013) for the first quarter (Q1) ended 30 June 2013 compared with JPY1.1bn (USD13.6 m, 30 June 2012) in the same period of the previous year, according to the company’s press release.
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