IHI reports net loss of USD78.5 million for April-December 2016
Net sales decrease 1.9% y/y
IHI’s net loss narrowed to JPY9.2 billion (USD78.5 million, 31 December 2016) during the first nine months ended 31 December 2016, compared with a net loss of JPY34.2 billion in the same period last year, according to a press release by the company specializing in automotive turbochargers.
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