Japan's Fujitsu half-year net loss narrows to 537 mln dlrs

TOKYO (AFP) Oct 29, 2003
Japan's leading computer maker Fujitsu Ltd. on Wednesday said its consolidated net loss shrank to 58.56 billion yenmillion dollars) in the six months to September from a loss of 147.4 billion yen a year earlier.

Fujitsu's recurring loss widened slightly to 67.74 billion yen from 65.4 billion yen as sales which dipped to 2.14 trillion yen from 2.15 trillion yen a year earlier.

The company left its profit forecasts for the full-year to March 2004 unchanged from the previous estimate of a net profit at 30 billion yen and recurring profit of 60 billion yen. Revenue is now seen at 4.75 trillion yen, down slightly from the earlier forecast of 4.8 trillion yen.

SPACE.WIRE