GlassOnWeb.com - Glass News - Asahi Glass Logs Double-Digit Rise in Operating Profit
 
 HOME   DIRECTORY   NEWS   ARTICLES   BUSINESS AREA   FORUM    JOBS  
 
Sign-in | Registration
  »  Home  »  News  »  Asahi Glass Logs Double-Digit Rise in Operating Profit
 
 
   CONTRIBUTE
Submit your news
Submitted news



   NEWS ARCHIVES
2016
February
January
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001



GLASS ON WEB - news feed
 
  News


Companies
Asahi Glass Logs Double-Digit Rise in Operating Profit

Asahi Glass Co. <5201> Tuesday reported a double-digit rise in its group operating profit for January-June as the company was able to offset soaring materials and fuel prices with its cost reduction efforts.

Operating profit increased 21.4 pct from a year earlier to 109,577 million yen on sales of 774,134 million yen, down 4.0 pct.

The company's glass division saw operating profit halve amid surging costs and sluggish sales in North America. By contrast, the electronics and display division posted a 77.6 pct jump in operating profit.

Group recurring profit ended up with a small gain of 1.0 pct to 95,747 million yen on the back of foreign exchange losses involving yen-denominated debt at a South Korean subsidiary.

Net profit fell 9.2 pct to 48,017 million yen because the company posted structural improvement costs for its North American flat glass operations.

Read the entire story on the source link below.


August 15th, 2008
Source: Japancorp.net


Share this news article:




Latest news
Feb-11-16
Winlet telehandler attachment wows the Executive Hire Show
Feb-11-16
Walker Glass Welcomes Ed Bartlett to Its Architectural Team
Feb-11-16
Corning and Altechna R&D Pursue New Laser Glass Processing Technologies
Feb-11-16
SageGlass: 800ft high!
Feb-11-16
ESG take delivery of a new CNC machine
Feb-11-16
AR Coated Glass Market 2016 - Global Industry Size, Trends, Growth, Share, Opportunities and Forecast by 2020
Feb-11-16
Allied Appoints New Business Development Manager
Feb-11-16
Fenestration Canada: February 2016
Feb-11-16
Senior launches new Aluminium Series 2 window system
Feb-11-16
A window into better building envelopes




ADVERTISEMENT