- The Invisible
- Posts : 2920
Join date : 2016-11-28
Age : 41
The group reported profits of 807 million rupees for the June 2017 quarter. Tokyo Cement reported a loss of 1.31 rupees per share for the quarter.
Gross profits fell 27 percent to 1.507 billion rupees for the quarter, with revenues falling 4 percent to 7.76 billion rupees and costs rising 4 percent to 6.2 billion rupees.
The sale of a ship owned by the firm added 380 million rupees to losses.
Finance expenses were rose 170 percent to 380 million rupees.
Tokyo told shareholders that delayed local government polls had halted country wide small projects generating a slowdown in construction