Showa Corporation reports 38% decline in Q1 sales
Company leaves the 2010 projections unchanged despite loss
Showa Corporation has reported a 38% decline in sales to ¥42.74bn (US$447.39m, 30 June 2009) for the first quarter ended 30 June 2009, compared with ¥68.89bn (US$649.48m, 30 June 2008) in the first quarter 2008.
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