Japanese bottle producer, Ishizuka Glass Co. Ltd., has reported in its latest forecast that it expects current profits to decline to JPY 25 million for the year ending 20 March 1996. This represents a…
Japanese bottle producer, Ishizuka Glass Co. Ltd., has reported in its latest forecast that it expects current profits to decline to JPY 25 million for the year ending 20 March 1996. This represents a 95.7% drop on the previous year“s figure of JPY 577 million. Despite only a small expected decrease of 7.4% in sales to JPY 45.25 billion, net profits are predicted to tumble.