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SEG Samsung improves 1H profit forecast

SEG Samsung Glass said it has revised its 1H 2006 net profit forecast to CNY 3 million on lower costs and higher sales.
The kinescope maker had initially forecast a 1H net loss of CNY 40 million in i…

SEG Samsung Glass said it has revised its 1H 2006 net profit forecast to CNY 3 million on lower costs and higher sales. The kinescope maker had initially forecast a 1H net loss of CNY 40 million in its 1Q report. The company made a net loss of CNY 27.15 million in the 1Q 2006 on rising raw material prices.

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