Pioneer reports higher Q2 net loss on 2.3% y/y drop in sales
Company expects full-year FY2017/18 net income of JPY3.5 billion
Pioneer’s net loss more than doubled to JPY614 million (USD5.4 million as on 30 September 2017) in the second quarter ended 30 September 2017 compared with a net loss of JPY305 million a year earlier, the Japan-based consumer and automotive electronics company said in a press release on 9 November.
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