Asahi Result 09/05/2016

Asahi Glass reported Q1 2016 net loss of 57 billion yen ($521 million), compared to a net profit of 16.5 billion yen ($150 million) in the same period last year. Turnover was 308 billion yen ($2.8 billion), down 5.4% YoY from 325 billion yen ($2.9 billion). LCD glass sales reduced 19.6% YoY to 58.7 billion yen ($536 million).