Topy’s net income nearly doubles in Q1; IHI reports net loss of USD391,058 in Q1

News
Financial results

Both companies expect increase in sales in FY 2015/16

Topy Industries’ net income increased nearly two folds to JPY570 million (USD4.6 million, 30 June 2015) in the first quarter ended 30 June 2015, compared with JPY285 million (USD2.8 million, 30 June 2014) in the same period a year ago, according to a company press release.

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