KARIYA (Japan) ―DENSO, the world`s second largest mobility supplier, today announced its global financial results for its first quarter, ending June 30, 2020, for its 2021 fiscal year, ending March 31, 2021: Consolidated revenue totaled 765.1 billion yen (US$7.1 billion), a 42.2 percent decrease from the previous year. Consolidated operating profit totaled -106.6 billion yen (US$-989.6 million). Consolidated profit attributable to owners of the parent company totaled -90.1 billion yen (US$-836.0 million). `Revenue decreased as vehicle sales declined due to the epidemic of COVID-19 and operating loss is caused by production volume decrease. For our 2021 fiscal year, ending March 31, 2021, we...
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