• Bloomberg


Taiheiyo Cement Corp. said Monday it turned to a loss in its first quarter as demand waned in Japan and the United States.

The company reported a loss of ¥8.6 billion in the three months that ended June 30, compared with a ¥2.7 billion profit a year earlier, the Tokyo-based company said. Sales fell 9.6 percent to ¥202.4 billion.

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