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Kasai Kogyo net income drops 42.1% y/y to USD12.9 million in H1 2019

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Financial results

Company expects net income of JPY2.7 billion for FY 2019/20

Japan-based automotive interior parts supplier Kasai Kogyo has reported a 42.1% year-on-year (y/y) decline in net income to JPY1.4 billion (USD12.9 million) for the first six months ended 30 September 2019, according to a company press release on 14 November.

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