Yokohama Rubber’s 2016 net income down 48% y/y to USD160.9 million; announces management changes
Expects net income of JPY30 billion for FY 2017
Yokohama Rubber has reported a 48.3% year-on-year (y/y) decline in net income to JPY18.7 billion (USD160.9 million as on 31 December 2016) for the fiscal year ended 31 December 2016, says a company press release.
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