Taiheiyo Cement year to March net profit down

Taiheiyo Cement year to March net profit down
Published: 18 May 2005

Taiheiyo Cement Corp full year to March 2005 results: Revenue - 872.7 bln yen vs 879.5 bln.  Operating profit - 48.2 bln yen vs 44.8 bln Current profit - 38.3 bln yen vs 35.1 bln.  Net profit - 14.4 bln yen vs 16.5 bln.    
Taiheiyo Cement, Japan’s largest cement maker, gave the following year to  March 2006 forecasts: Revenue - 870 bln yen.  Current profit - 41 bln yen.  Net loss - 1 bln yen. The company also said it will book special loss of 36 bln yen for impaired  assets in the year to March 2006.