But the bottom line is, the company's still making a profit. Reduced profits
beat the hell out of reduced losses.
Walt
--
"Anything more than 500 yards from
the car just isn't photogenic." --
Edward Weston
-------------- Original message ----------------------
From: Winsor Crosby <wincros@xxxxxxxxxxx>
> Olympus profit falls 62%
>
> 
> Olympus has reported a 62% drop in profits in the first quarter
> compared to the same period last year, reports the PMA daily news. In
> the period April-June 2004, the Japanese company made a net profit of
> ¥1.06 billion ($9.5 m) compared to ¥403 million ($3.6 m) in the
> fiscal first quarter of this year. Despite disappointing figures the
> company still hopes to make a net profit of ¥23 billion ($206 m) in
> the year to March following its first ever consolidated net loss of
> ¥11.8 billion ($105 m) in 2004-2005. (09:40 GMT)
>
> Hope there is lots of profitable product in the pipeline.
>
>
> Winsor
> Long Beach, California, USA
>
>
>
>
>
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