Akebono Brake reports USD2.9 million net loss for Q1

News
Financial results

Company expects net income of JPY2 billion for full year ending 31 March 2019

Akebono Brake Industry has reported a net loss of JPY330 million (USD2.9 million) for the first quarter ended 30 June 2018, compared with a net profit of JPY552 million in the same period a year ago, the company announced in a press release on 3 August.

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