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Article: DAISHINTO'S FY05 NET PROFIT SEEN AT US$87 MLN ON OUTSOURCING OPS.
- Article from:
- AsiaPulse News
- Article date:
- February 23, 2006
CopyrightCOPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TOKYO, Feb 23 Asia Pulse - Daishinto Inc. (TSE:9785) is expected to report a group net profit of about 10.4 billion yen (US$87.5 million) for the year ending March 31, topping the 3.89 billion yen previously projected, on the strength of its robust contracting business in providing services to local governments and others.
The firm's group sales are projected to decline 4 per cent to about 33.3 billion yen. But factoring out the impact of the withdrawal from a tourism business the previous year, sales would have risen 2 per cent.
The business segment overseeing management of lodging facilities, meals and libraries on behalf of companies and local ...