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.