S KOREA'S REIGNCOM CUTS 2005 PROFIT TARGET. (17-JAN-05) AsiaPulse News

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S KOREA'S REIGNCOM CUTS 2005 PROFIT TARGET.

Publication: AsiaPulse News

Publication Date: 17-JAN-05

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SEOUL, Jan. 17 Asia Pulse - ReignCom Ltd. (Kosdaq:060570), the world's second-largest manufacturer of digital music players behind U.S.-based Apple Computer Inc., said Monday it has cut its net profit target for 2005 by 28.7 per cent to 57 billion won (US$54.8 million) on falling product prices and rising...

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