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Isolite Insulating: 98/99 parent forecast and 97/98 results

4 June 1998: Japan“s Isolite Insulating has announced its parent forecast for the year to 31 March 1999. Sales are set for 11 billion yen compared to 10.7 billion yen a year earlier. Current sales ar…

4 June 1998: Japan“s Isolite Insulating has announced its parent forecast for the year to 31 March 1999. Sales are set for 11 billion yen compared to 10.7 billion yen a year earlier. Current sales are predicted at 250 millon yen vs. 225 millon yen. Net profits are expected to be 130 million yen vs. 43 million yen a year earlier. Meanwhile, the company also announced its parent results for 1997/98. For the year to 31 March 1998, sales were at 10.7 billion yen vs. 11.25 billion yen a year earlier. Current sales were at 225 million yen vs. 312 million yen. Net profits were 43 million yen vs. 80 million yen a year earlier. Isolite Insulating Products Co. Ltd. is a refractory materials maker affiliated with Nippon Sheet Glass Co Ltd.

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