NTN’s net income up 1.3% y/y to USD83.2 million in April-December 2016

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Financial results

Expects decline in sales and profit in FY2016/17

Japan-based bearings supplier NTN has reported 1.3% year-over-year (y/y) increase in net income to JPY9.7 billion (USD83.2 million) in the first nine months of financial year (FY) 2016/17, ended 31 December 2016, the company said in a press release.

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