Nittoku’s April-December 2016 net income up 5.4% y/y to USD10.6 million

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Develops new manufacturing method for EV motors

Nittoku Engineering has reported a 5.4% year-on-year (y/y) growth in net income to JPY1.2 billion (USD10.6 million as on 31 December 2016) for the nine months ended 31 December 2016, says a company press release.

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