Monday, July 30, 2007

Komatsu lifts outlook, outdoes rival Caterpillar

(Reuters) - It now expected net profit to come in at 198 billion yen for the year to the end of March, 8 percent higher than its earlier estimate and 20 percent more than its previous year's result.




The upbeat projection comes after Komatsu booked a 65 percent jump in April-June net income to 56.5 billion yen on a 26 percent climb in sales.


Read more at Reuters.com Business News

No comments: