Tag: posts drop
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Toyota supplier Denso posts drop in first-quarter profit
TOKYO, July 31 : Japan’s Denso, a major auto parts supplier to Toyota, posted a 21.5 per cent decline in first-quarter operating profit on Friday, as rising parts and material costs outweighed a boost from a weaker yen. The auto parts supplier, which generates around 55 per cent of its revenue from Toyota gro
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