Japan's ANA cites terrorism in 20% quarterly profit drop
Japan
Tokyo - Arab Today
The parent company of Japan's All Nippon Airways on Wednesday cited "terrorist incidents" in Europe as a factor behind a more than 20 percent drop in its April-June net profit.
ANA Holdings posted a net profit of 6.6 billion yen ($65.8 million) for its fiscal first quarter, adding that a strong yen also took a bite out of its bottom line.
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