Taiheiyo increases profit forecast, Japan
Taiheiyo Cement Corp said it has raised its forecast of net profit for the year to last March to Yen 8bn from Yen 5bn. This is because the company expects an increase in extraordinary profit arising from the sale of securities. The cement maker also lifted its forecast of current profit to Yen 49bn from Yen 47bn, and of revenue to Yen 900bn from Yen 880bn.
Published under Cement News
