UPDATE 1-Bridgestone 2003 pretax profit seen down 11%-paper

Newswire

(Recasts with company comments and latest share price) TOKYO, Dec 27 (Reuters) - Japan's largest tyremaker, Bridgestone Corp , is expected to see group recurring profit fall 11 percent in 2003 from its estimates for this business year, ending December 31, a newspaper said on Friday. Business daily Nihon Keizai Shimbun said the company's recurring profit -- which is pretax and excludes extraordinary items -- in 2003 is likely to be around 125 billion yen ($1.04 billion), while sales are ...

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