Saturday, April 21, 2007

Nippon Steel, JFE set for record profits: paper

(Reuters) - JFE, enjoying brisk sales of high-grade steel to car makers, is projected to log a pre-tax profit of 520 billion yen, also up 2 percent, the Nikkei said.

JFE will probably raise its dividend for the half-year ending on September 30 to 60 yen, up 10 yen from a year earlier, the newspaper added.


Read more at Reuters.com Business News

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