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.

The board of directors of US company Lancaster Colony Corporation, based in Colombus, Ohio, has declared a quarterly cash dividend of 17 cents per share. John B. Gerlach, chairman and CEO of Lancaster…

The board of directors of US company Lancaster Colony Corporation, based in Colombus, Ohio, has declared a quarterly cash dividend of 17 cents per share. John B. Gerlach, chairman and CEO of Lancaster Colony, said: “This dividend continues the higher payout rate set six months ago when the company marked 33 consecutive years of increasing cash dividends each year. This will be the 132nd consecutive quarterly cash dividend paid by the company since September 1963.” He noted that the indicated annual payout for the current fiscal year ending 30 June 1996 is 66 cents per share, up 20% from the 55 cents per share paid in the fiscal year ended 30 June 1995.