Seiko Earns Less

Seiko reports an increase of 62.1 percent to ¥287 million (€2.3m-$3.1m) in the operating losses of its optical products business for the third quarter ended last Dec. 31, as its sales declined by 10.4 percent to ¥18.2 billion (€144.6m-$195.0m). The higher losses were attributed to poor sales in Japan and ...

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