Denso’s Q1 net profit up 66% y/y to USD602.6 million on higher sales
Raises earnings forecast for FY2017/18
Denso has reported a 66.3% year-over-year (y/y) increase in net profit to JPY76.7 billion (USD602.6 million as on 30 June 2017) for the first quarter ended 30 June 2017, driven mainly by 6.6% y/y growth in revenue to JPY1.16 trillion, the Japanese automotive supplier said in a press release on 28 July.
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