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Article: DYNIC PRETAX PROFIT SEEN UP 11% IN FY07 ON NONWOVEN TEXTILES.(Financial report)
- Article from:
- AsiaPulse News
- Article date:
- March 15, 2007
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TOKYO, March 15 Asia Pulse - Textile manufacturer Dynic Corp. (TSE:3551) is expected to post a group pretax profit of 2 billion yen (US$17.1 million) for the year ending March 2008, up 11 per cent from the current fiscal year.
While demand will be sluggish for its food wrap and wallpaper offerings, the company has received many orders from domestic and foreign automakers to deliver nonwoven textiles used in air filters.
Sales are projected to remain flat at 45 billion yen ...