Akebono Brake reports USD23.6 million net loss for April-December 2016 period
Expects net income of JPY4 billion for FY 2016/17
Akebono Brake has reported a net loss of JPY2.7 billion (USD23.6 million, 31 December 2016) for the first nine months ended 31 December 2016, compared with a net loss of JPY6.2 billion in the same period of the previous year, says a company press release.
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