Modine reports USD28.3 million net loss for Q3 on higher tax liability
Company appoints Steve Langer vice-president of Information Technology
Modine has reported net loss of USD28.3 million for the third quarter ended 31 December 2017 compared with net income of USD1.7 million during the same period a year earlier, the US-based thermal management specialist said in a press release on 30 January. The company recorded net loss due to higher tax liability following the recently enacted US tax reform legislation.
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