Akebono Brake’s H1 net loss reduces to USD27.9 million
Revises net sales forecast for FY 2016/17 downward
Akebono Brake has reported a net loss of JPY2.8 billion (USD27.9 million as on 30 September 2016) for the first six months ended 30 September 2016, compared with a net loss of JPY5.7 billion in the same period of the previous year, says a company press release.
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