Hino Motors Posts Record 1st-Half Net Loss
Tokyo, Oct. 29 (Jiji Press)--Hino Motors Ltd. said Tuesday it swung to a consolidated net loss of 219.5 billion yen in the six months ended last month, marking its biggest loss for the fiscal first-half period as the company was hurt by a scandal over its vehicle test fraud.
The Japanese truck maker booked 230 billion yen in special loss linked to payments to settle charges with U.S. authorities over the fraud.
(2024/10/29-21:07)
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