Yamamura Glass 95/96 group net profit down

Japanese glass bottle manufacturer Yamamura has announced its latest forecasts for the year ending 31 March 1996. Group sales are expected to fall to JPY 73 billion, down from JPY 82.63 billion for th…

Japanese glass bottle manufacturer Yamamura has announced its latest forecasts for the year ending 31 March 1996. Group sales are expected to fall to JPY 73 billion, down from JPY 82.63 billion for the previous year. The current profit figure should decrease to JPY 2.7 billion from JPY 6.58 billion and net profit is predicted to fall by more than 50% from JPY 2.64 billion, a year ago, to JPY 1.30 billion