Pioneer seen beating current year profit-paper

Newswire

NEW YORK, Sept 30 (Reuters) - Japanese electronics maker Pioneer Corp. is expected to beat its operating profit estimate for the current business year to March 2003 thanks to growing sales in plasma display panel television sets and car navigation systems, a Japanese newspaper reported. Pioneer, the world's largest maker of car audio equipment, will likely record around 26 billion yen ($214 million) in group operating profit for the year, up 1 billion yen from its earlier forecast, the ...

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