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JAPAN'S ALPS ELEC SEES FY02 GROUP NET PROFIT SURGE 770 PCT.

AsiaPulse News

| April 01, 2003 | COPYRIGHT 2003 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, April 1 Asia Pulse - Alps Electric Co. (TSE:6770) said Monday that it expects to post a 16.5 billion yen (US$139.5 million) group net profit for the fiscal year ended Monday, up 770 per cent from the year before and 2 billion yen higher than its previous forecast.

Sales have been strong for magnetic heads for hard-disk drives and for automotive electronics. The company has also benefited from the ...

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Source: HighBeam Research, JAPAN'S ALPS ELEC SEES FY02 GROUP NET PROFIT SURGE 770 PCT.

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