Oct
26
2009
Motherson Q2 net slides on restructuring; forex (Reuters via Yahoo! Asia News)
Posted by in Forex Tips, tags: Asia News, Auto Parts, Closure, Excerpt, Fluctuations, Forex News, News News, News Sources, Plants, Quarterly Profits, Restructuring, Reuters News, Slides, Social Bookmarking Sites, Sumi, Systems Ltd, Web Pages, Yahoo, Yahoo Asia, Yahoo NewsNews Sources wrote an interesting post today on
Here’s a quick excerpt
MUMBAI, Oct 26 (Reuters) - Auto parts maker Motherson Sumi Systems Ltd’s quarterly profits slid 65 percent despite a surge in sales, hit mainly by a restructuring charge related to closure of two plants, and exchange fluctuations.
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