JAPAN: Bridgestone cuts net profit forecast - report
Bridgestone Corporation on Wednesday cut its group net profit forecast for the year to December to 40 billion yen ($US321.8 million) from 70 billion yen, Reuters reported. According to Reuters, Bridgestone also said it would provide 400 million euros ($US399 million) for its European unit to strengthen operations, which would include boosting capacity at its Polish factory to 23,000 tyres by the end of 2006 from 10,000 now.
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