Taiheiyo forecasts JPY2.5b 1H net loss next year

Taiheiyo forecasts JPY2.5b 1H net loss next year
Published: 14 May 2008

Taiheiyo Cement Corp forecast a half-year net loss of JPY2.5bn for next year, after decreasing net profit 16.1% to JPY20.5bn for the year to March 31, 2008.
 
Revenue was down 1.4% to JPY927.6bn.
 
Operating profit decreased 32.8% to JPY51.6bn and ordinary profit fell 38.7% to JPY41.6bn.
 
Earnings per share dropped from JPY25.2 to JPY20.2 per share.
 
A half-year revenue of JPY440bn is forecast, with a full-year net profit of JPY10bn projected on revenue of JPY935bn to March 31, 2009.