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6794 Foster Electric Co News Story

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Japan's Foster Electric indicated to tumble after expecting lower profit

** Foster Electric  6794.T  untraded with glut of sell
orders, indicated to tumble to daily-limit low of 2,073 yen,
lowest since late August
    ** Co expects 40.9 pct drop in its operating profit to 5.5
bln yen for FY ending March 2019, hit by declining demand in
components for smartphones  urn:newsml:reuters.com:*:nXB06HMAWN
    ** Co expects to pay dividends of 20 yen/share this FY,
compared to 55 yen/share in previous year 
    
 

 (Reuters
Messaging:ayai.tomisawa.thomsonreuters.com@reuters.net)

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