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Asahi Glass to post Y38 bln restructuring loss
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Asahi Glass Co Ltd , Japan's largest glassmaker, said on Monday it would post a special loss of 38 billion yen ($281 million) related to restructuring measures in the business year to next March.
Asahi, which revised its 2001/02 group net forecast to a loss of nine billion yen from the previous estimate of a profit of 10 billion yen, also said it planned to cut 150 employees from its chemicals business by October.
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January 30th, 2002
Source: Yahoo |
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