Ishizuka Glass (5204) may start paring early gains after leading maker of glass bottles and tableware says in midday break it now expects Y280 million group net loss for FY through this month, vs previous forecast for Y150 million profit.
Company blames evaluation losses on its bank shareholdings. Shares up 1.3% at Y157, just off morning close Y158. (JSH)
2003-03-25T12:00:00Ishizuka Glass May Slip On Loss Outlook glassonweb.com