Parker Hannifin’s Q3 net income down 34% y/y to USD187 million
Sales decrease by 10.5%
Parker Hannifin's net income declined 34% year-on-year (y/y) to USD187 million in the third quarter ended 31 March 2016, said a company press release. Income before income taxes declined 29.7% y/y to USD272.9 million, while sales fell 10.5% y/y to USD2.8 billion.
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