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air-water-inc-reports-flat-financial-results-despite-current-economic-slowdown
air-water-inc-reports-flat-financial-results-despite-current-economic-slowdown

Air Water Inc. reports flat financial results despite current economic slowdown

Air Water Inc. has released its full-year financials, ending on 31st March 2016, in which the corporation managed to stay afloat amid the current economic slowdown in China.

The Japanese industrial gas company reported flat sales for this financial period, with overall sales largely staying the same at ¥660.6bn ($6bn), despite a “sense of stagnation” deepening across the North Pacific rim sector.

Total operating income increased 9.4%, despite current economy woes, and reached a total of ¥39.5bn ($363m).

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