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[OM] Re: Olympus Business

Subject: [OM] Re: Olympus Business
From: hiwayman@xxxxxxx (Walt Wayman)
Date: Tue, 02 Aug 2005 15:41:34 +0000
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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