Showa’s Q1 net income down 59.3% y/y to USD7.5 million

News
Financial results

Sales down 6.5% y/y

Showa has reported a 59.3% year-on-year (y/y) decline in net income to JPY777 million (USD7.5 million, 30 June 2016) in the first quarter ended 30 June 2016, according to a company press release.

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