Topy Industries’ net income down 63.6% y/y to USD11 million in first nine months of FY2013/14

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Circular Economy & Remanufacturing

Company maintains full-year sales forecast of USD2.4 billion

Topy Industries reported net income of JPY1.16 billion (USD11 million, 31 December 2013) for the nine months ended 31 December 2013, a decrease of 63.6% from JPY3.2 billion (USD37 million, 31 December 2012) for the same period in the previous year, says a company press release.

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