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13 August 2020 The on-line newspaper devoted to the world of transports 14:26 GMT+2

November 21, 2000

IHI makes return to profitability

Ishikawajima-Harima Heavy Industries Co. said Monday it posted a group net profit of 5.34 billion yen for the first half of fiscal 2000, a turnaround from a loss of 14.74 billion yen a year before, thanks to cost-cutting.

Before taxes and extraordinary items, the major heavy machinery maker also registered a profit of 12.03 billion yen for the April-September period against a year-earlier loss of 19.48 billion yen. ......
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