UPDATE 1-Bridgestone '04 recurring profit seen down 13%-paper

Newswire

TOKYO, Dec 22 (Reuters) - Bridgestone Corp , Japan's biggest tyre maker, will likely see its recurring profit sink 13 percent in the year to December 2004, hurt by the strong yen and higher rubber costs, a business daily said. Bridgestone's recurring profit for the next business year is expected to be around 130 billion yen ($1.21 billion) compared with a probable 150 billion yen for the current year, the Nihon Keizai said in its Saturday morning edition. Bridgestone, which vies with ...

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