Denso FY 2020 revenue dips 4.2% y/y to USD44.6 billion

Financial results

Net profit grew 83.6% to JPY125.1 billion

Denso posted a full year revenue of JPY4.94 trillion (USD44.6 billion) for the period ending 31 March 2021. The 4.2% drop in revenue was attributed to the ‘significant decline in the first quarter’ due to the COVID-19 pandemic, it said in a press release on 28 April.

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