Sagent Slides To A Loss, Dragging Down Nichi-Iko’s Margin

 
• By Aidan Fry

An operating loss recorded by its US Sagent affiliate depressed Nichi-Iko’s group operating margin to just 3.7%, even though the Japanese generics specialist’s turnover increased by a tenth on strong domestic generics demand.

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A slide to an operating loss by its US Sagent unit depleted Nichi-Iko's operating margin in its financial first quarter • Source: Shutterstock

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