JAPAN: Polyester Giant Teijin Trims Earnings Outlook
Polyester giant Teijin Ltd on Tuesday cut its group earnings estimate for the full-year and unveiled a mid-term business plan. The company said it expects the plan to result in a group net profit of 25 billion yen in the fiscal year ending March 2006 and boost in group sales to 1.07 trillion yen by fiscal 2005 from this year's projected 890 billion yen.
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