31.08.2020

First quarter slowdown for Aichi

Japanese aerial lift company Aichi Corp has reported a 17 percent fall in first quarter revenues to the end of June. Total revenues decline 17 percent to ¥11.7 billion ($112.7 million) While net profits were ¥1.2 billion ($11.8 million), almost 30 percent below that achieved in the same quarter last year.