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Shionogi’s Consolidated Ordinary Income Decreases In First Fiscal Quarter

This article was originally published in PharmAsia News

Executive Summary

Shionogi released results for the first quarter of the fiscal year. Compared to the same quarter of last year, net sales increased by 3 percent to ¥51.7 billion. Ordinary income decreased by 2.1 percent to ¥8.37 billion, which the company attributed to a change in the exchange rate. Shionogi's net income increased by 0.3 percent to ¥5.38 billion and the company expects no change in estimated results for the year. (Click here for more - Japanese language



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