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Net sales declined 5.6%, while operating income rose by 4.8%.
November 23, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Toyo Ink SC Holdings Co., Ltd. announced its first half financial results for the fiscal year ending March 31, 2017. Net sales for the first half of fiscal 2016-17 (from April 1, 2013 to March 31, 2017) were ¥133,113 million ($1.314 billion), a 5.6% decrease from last year. Operating income increased 4.8% to ¥8,863 million ($87.5 million), while net income was ¥5,254 million ($52 million), a decrease of 7.5%. “During the first half of the consolidated fiscal year under review, the global...
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