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JAPAN'S HITACHI METALS POSTS US$63.9 MLN H1 NET LOSS.

AsiaPulse News

| November 01, 2001 | COPYRIGHT 2001 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)Copyright

TOKYO, Nov 1 Asia Pulse - Hitachi Metals Ltd. (TSE:5486) posted a group net loss of 7.82 billion yen (US$63.9 million) for the first half of the fiscal year ended September 30, compared with a profit of 2.41 billion yen a year earlier, the company reported Wednesday.

The deterioration in profit was due to a fall in orders for parts and materials used in information technology products such as cellular phones and personal computers. Consolidated sales for the ...

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Source: HighBeam Research, JAPAN'S HITACHI METALS POSTS US$63.9 MLN H1 NET LOSS.

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