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Isolite: parent company forecasts and results

3 December 1998: Forecasts for the year to 31 March 1999 at Isolite Insulating Products Co. Ltd., the refractory-producing affiliate of Japan“s Nippon Sheet Glass Co. Ltd., indicate sales totalling Y…

3 December 1998: Forecasts for the year to 31 March 1999 at Isolite Insulating Products Co. Ltd., the refractory-producing affiliate of Japan“s Nippon Sheet Glass Co. Ltd., indicate sales totalling Yen 10 billion, down from a previous-year total of Yen 10.7 billion, and a net loss of Yen 80 million compared to a 31 March 1998 profit of Yen 43 million. In the six months to 30 September 1998, sales amounted to Yen 4.44 billion (Yen 5.01 billion previously) with a net loss of Yen 226 million (previously a profit of Yen 41 million).

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