Asahi Glass Expects Record Op Profit In Fy04

Date: 2 December 2004
Source: Yahoo

Date: 2 December 2004

ASAHI GLASS CO. expects to book a record operating profit of 135 billion yen (US$1.3 billion) for the year ending Dec. 31.

In July this year, it started supplying sixth-generation LCD glass substrates to SHARP CORP.

* This will help Asahi Glass post a 71 billion yen operating profit, accounting for more than half the group profit

* Sales of glass are expanding for highly profitable items such as those used for automobiles and construction.

SUMMARY

Asahi Glass expects to book record operating profit of US$1.3 bln for year ending Dec. 31
600450 Asahi Glass Expects Record Op Profit In Fy04 glassonweb.com

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