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Article: DENSO's Global Operating Income Soars to 80.1 Billion Yen; An Increase of 17.4 percent Over Previous Year.
- Article from:
- PR Newswire
- Article date:
- November 1, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TOKYO -- DENSO Corporation, leading global supplier of advanced automotive technology, systems and components, today announced global financial results for the first half year ending September 30, 2002:
-- Consolidated net sales totaled 1,143.8 billion yen (US$9.4 billion), a 4.9 percent increase from the previous year.
-- Operating income totaled 80.1 billion yen (US$656.6 million), a 17.4 percent increase from the previous year.
-- Consolidated net income totaled 106.5 billion yen (US$872.5 million), a 181.3 percent increase from the previous year due to extraordinary income mainly by liquidation of the entrusted Government's portion of the ...