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Isolite Insulating reports and predicts results

3 June 1999: The Japanese firebrick maker, Isolite Insulating, an affiliate of Nippon Sheet Glass Co Ltd., has announced the parent results for 1998/1999, year end 31 March 1999. Isolite has also anno…

3 June 1999: The Japanese firebrick maker, Isolite Insulating, an affiliate of Nippon Sheet Glass Co Ltd., has announced the parent results for 1998/1999, year end 31 March 1999. Isolite has also announced the latest forecasts for 1999/2000 with year end 31 March 2000. The latest forecast for sales for 1999/2000 is 10 billion yen. In 1998/1999 sales were 9.51 billion yen. Net profit is estimated to be 250 million yen in 1999/2000 whereas results for 1998/1999 show a loss of 3.22 billion yen.

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