CANON TO TOP NET PROFIT ESTIMATES

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CANON TO TOP NET PROFIT ESTIMATES

 user 2006-09-15 at 12:33:00 pm Views: 47
  • #16460

    Canon to top net profit estimates
    September 2006 — Tokyo (JPN): Canon expects to report a 16 percent rise in annual net profit to ¥445 billion yen ($3.78 billion), according to the Japanese business paper, Nihon Keizai. The company will beat consensus estimates of ¥439.1 billion by ¥5 billion. The expected rise is attributed to an increase in sales driven by demand for multi-function copiers.