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Tag: Komatsu first half
Construction Equipment
Decline in sales sends Komatsu profit tumbling 20% in first half of 2015
A continued lack of global demand for mining equipment and “drastically reduced” demand in China have led to reduced sales and profit halfway through Komatsu’s 2015 fiscal year. The company, whose fiscal year ends March 31, reported sales of 892.4 billion Japanese yen ($7.2 billion), a decrease of 5.3 percent from the same period last year. […]
November 16, 2015
Business
Komatsu sees slight decline in sales in first half of year, cuts profit forecast by 26%
Citing a decrease in demand for mining equipment, Komatsu announced decreases in both sales and operating income for the first six months of its fiscal year. In the last six months, the company reports that net sales were down 0.6 percent to 925.1 billion yen ($9.46 billion) compared to the same period last year. Operating […]
October 29, 2013
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