Asahi Glass (AGC) 2013 net income declines 66.7% y/y to USD153.4 million
Expects 6.1% y/y drop in 2014 operating profit on price decline in some products
Asahi Glass Co. (AGC) has reported a 66.7% year-on-year (y/y) decline in net profit to JPY16.1 billion (USD153.4 million, 31 December 2013) in the financial year that ended 31 December 2013 compared with JPY48.4 billion (USD563.8m, 31 December 2012) a year earlier, the Japan-based automotive glass supplier said in a press release.
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