IHI cuts earnings projection again, projects 5 bil. yen net loss

IHI cuts earnings projection again, projects 5 bil. yen net loss

Tsugio Mitsuoka, president of Japanese heavy machinery maker IHI Corp., announces a second downward revision to the company's earnings estimates for the first half of the 2016 business year at a press conference in Tokyo on Oct. 24, 2016, saying it now projects a group net loss of 5 billion yen for the April to September period. (Kyodo) ==Kyodo

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