Central Glass sees JPY 2.3 billion 1H net profit 2009

Central Glass Co. Ltd. forecast net profit of JPY 2.3 billion for the 1H fiscal 2009, after net profit fell 61.5% to JPY 4.2 billion for the year to 31 March 2008.
Revenue was up 0.5% to JPY 193.2 bi…

Central Glass Co. Ltd. forecast net profit of JPY 2.3 billion for the 1H fiscal 2009, after net profit fell 61.5% to JPY 4.2 billion for the year to 31 March 2008. Revenue was up 0.5% to JPY 193.2 billion. Operating profit was down 37.9% to JPY 9.5 billion and ordinary profit fell 43.1% to JPY 9.8 billion. Earnings per share dropped from JPY 46.2 to JPY 17.9. An unchanged annual dividend of JPY 12 per share was declared, and it is expected that the same figure will be paid in 2009. Revenue of JPY 96 billion is forecast for the 1H 2009, with a full-year net profit of JPY 6.1 billion projected on revenue of JPY 201 billion to 31 March 2009.