The Japanese quartz glass producer, Toshiba Ceramics, an affiliate of Toshiba Corp., has increased its group net profit forecast for the year ended 31 March 2001, to JPY 8 billion from its previous fo…
The Japanese quartz glass producer, Toshiba Ceramics, an affiliate of Toshiba Corp., has increased its group net profit forecast for the year ended 31 March 2001, to JPY 8 billion from its previous forecast of JPY 5.8 billion. This compares to a net profit a year earlier of JPY 1.19 billion. The sales forecast was reduced to JPY 100 billion from the previous JPY 104 billion, compared to actual sales a year ago of JPY 84.09 billion. The forecast for operating profit was reduced to JPY 13 billion from the previous forecast of JPY 14.4 billion. This compares to the operating profit reported last year of JPY 2.21 billion.