NGK Spark Plug’s Q1 net income down 40% y/y to USD73 million
Company concludes absorption-type company split agreement on structural reform of ‘ceramic IC package’ business
NGK Spark Plug has reported a 40% year-on-year (y/y) decline in net income to JPY7.5 billion (USD73.1 million, 30 June 2016) for the first quarter ended 30 June 2016, says a company press release.
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