IHI’s FY 2016/17 net income up more than threefold y/y to USD47.1 million
Net sales for the full year, however, fell 3.4% y/y to settle at JPY1.49 trillion
Japanese auto component supplier IHI has reported a 243.2% year-on-year spike in its net income to JPY5.2 billion (USD47.1 million) for the fiscal year (FY) ended 31 March 2017, the company announced in a press release on 9 May.
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