Nexteer’s H1 net profit down 34.5% y/y to USD148.9 million

Financial results

Revenue down 10% y/y

Nexteer Automotive has reported a 34.5% year-on-year (y/y) drop in net income to USD131 million for the first six months ended 30 June 2019, the US-based company said in a press release on 13 August.

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