Showa Denko Reports a Huge Net Loss And Fall in Sales in the First Quarter

13:30 PM | May 11, 2009 | Deepti Ramesh

Showa Denko recorded a net loss of ¥22.1 billion ($223 million) in its first quarter ended March 31, 2009, compared with a net profit of ¥3.2 billion in the prior year. Sales fell 51%, to ¥121 billion...