Akebono reports net income of USD192 million during April-December 2019

Financial results

Sales down 20.1% y/y

Japan-based supplier of brake systems, Akebono Brake Industry has reported a net profit of JPY20.9 billion (USD192 million) for the April to December 2019 period, compared to a net loss of JPY17.7 billion in the same period a year ago, according to a company press release on 13 February

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