Akebono Brake reports USD20 million net income for April–December 2017

News
Financial results

Japanese supplier expects net income of JPY3 billion in FY 2017/18 financial forecasts

Akebono Brake Industry has reported a net income of JPY2.25 billion (USD20 million as on 31 December 2017) for the nine months ended 31 December 2017, compared to a net loss of JPY2.76 billion in the same period a year earlier, the company announced in a press release on 7 February.

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