Akebono Brake Industry reports USD82.3 million net loss for Q1
Net sales down by 16.9% y/y
Akebono Brake Industry has reported a net loss of JPY8.8 billion (USD82.3 million) for the first quarter ended 30 June 2019 compared with a net loss of JPY330 million in the first quarter of the previous fiscal year, the company announced in a press release on 6 August.
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