Akebono Brake Industry reports net loss of USD4.2 million in first nine months of FY2014/15
Forecasts net income of USD5.1 million for full year
Akebono Brake has reported a net loss of JPY500 million (USD4.2 million, 31 December 2014) in the nine months ended 31 December 2014 compared to a net income of JPY1.5 billion (USD14.5 million, 31 December 2013) in the corresponding period a year ago, according to a company press release.
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