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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: RetiredNow who wrote (260714)7/14/2010 2:45:46 PM
From: tejekRead Replies (2) of 306849
 
Komatsu raises 2010/11 profit forecast by 14 pct

July 13 (Reuters) - Komatsu Ltd (6301.T), the world's No.2 construction machinery maker, upgraded its full-year profit forecast by 14 percent on Tuesday, citing better first-half sales than expected in Asia and Latin America, as well as a pickup in demand in Japan and the United States.

Komatsu said it now expects an operating profit of 179 billion yen ($2.02 billion) for the year to March 31, nearly 20 percent above a market consensus estimate of 151.98 billion yen in a poll of 17 analysts by Thomson Reuters I/B/E/S.

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reuters.com
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