Sanden reports USD20.7 million net loss for Q1
Expects net income of JPY7 billion in FY 2016/17
Sanden has reported a net loss of JPY2.1 billion (USD20.7 million as on 30 June 2016) for the first quarter ended 30 June 2016 compared with a net profit of JPY2.9 billion (USD23.5 million as on 30 June 2015) in the same period a year ago, according to a company press release.
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