Inoac Posts Increased Revenue, Profit in Auto Parts Business for 2019

Inoac Corp. recently posted its business results for calendar 2019, revealing a year-on-year increase to sales revenue but decrease to profits for the company as a whole. Sales revenue for the major manufacturer of rubber and polyurethane foam came to 189.47 billion yen ($1.76 billion), up by 3.9 percent year-on-year. Operating profit ended at 3.87 billion yen, down by 8.1…

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