Ichikoh's April–December 2013 net profit plunges y/y
For the full FY ending in March 2014, Ichikoh expects to earn a net profit of JPY600 million
Japanese automotive lights manufacturer Ichikoh Industries has reported a net profit of JPY342 million (USD3.3 million) for the nine months ended in December 2013, reports Dow Jones Institutional News. This is a significant decline from JPY1.8 billion earned during the same period of the previous fiscal year. Operating profit, likewise, declined to JPY101 million compared to JPY287 million during the year-earlier period.
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