Ibiden Net Income for 1Q FY2014 Down 36%

 Ibiden Net Income for 1Q FY2014 Down 36%

Japanese PCB firm Ibiden Co. Ltd has posted net sales of 71.78 billion yen in the first quarter of its fiscal year. The figure was nearly flat from the previous quarter, but was up by 3.1% compared to the same period last year. Operating income reached 3.49 billion yen. Net income, on the other hand, dropped by 36.4% to 2.155 billion yen. -