Steelmaker JFE maintains full-year profit forecast of 35 bln yen

Newswire

TOKYO, Jan 31 (Reuters) - JFE Holdings Inc, Japan's second-biggest steelmaker, posted a nine-month profit on Thursday and kept its forecast for full-year net income of 35 billion yen ($384.34 million) as the global economic slowdown is keeping a lid on earnings. Net income for the nine months through December came to 21.9 billion yen compared to a loss of 37.3 billion yen in the year-earlier period. Sales rose 1.6 percent to 2.3 trillion yen. The return to ...

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