BUSINESS
Daiichi Sankyo: Net Profits Down 85% Due to Allowance for Potential Losses Related to Quality Problems Caused by Ranbaxy
Daiichi Sankyo reported its consolidated settlement of accounts for the fiscal year ended March 2012 on May 11. Net profits fell 85.2% to 10.383 billion yen due partly to an allowance of 39.9 billion yen for potential losses relating to…
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