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Article: JAPAN CO ALTECH NOW SEES US$5.2 MLN H1 GROUP PRETAX PROFIT.
- Article from:
- AsiaPulse News
- Article date:
- July 22, 2009
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TOKYO, July 22 Asia Pulse - Altech Corp. (TSE:4641), a Japanese staffing service that provides engineers to the manufacturing sector, likely turned a group pretax profit of just over 500 million yen (US$5.3 million) in the January-June period, beating its earlier forecast for a loss of 24 million yen (US$256,296).
The profit figure still represents a 36 per cent decline from the same period of 2008.
The company was helped by efforts to control personnel expenses, including the salaries paid to engineers waiting for placement.
Sales for the half year likely declined ...