Denso’s FY 2017/18 net profit up 24.4% y/y to USD3 billion
Expects higher revenue but lower profit in FY 2018/19
Denso has reported a 24.4% year-over-year (y/y) increase in consolidated net profit to JPY320.6 billion (USD3 billion) for the financial year (FY) ended 31 March 2018, the Japanese automotive supplier said in a press release on 27 April. The company’s consolidated operating income for the year increased 24.8% y/y to JPY412.7 billion.
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