Akebono Brake reports USD160.8 million net loss for April-December 2018
Company expects net loss of JPY19.2 billion in FY 2018/19
Akebono Brake Industry has reported a net loss of JPY17.7 billion (USD160.8 million) for the first nine months ended 31 December 2018 compared with a net profit of JPY2.2 million in the same period a year ago, the company announced in a press release on 12 February.
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