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Industry Talk
Shima shares rocket on better than expected sales
Bloomberg reports that Shima Seiki Manufacturing Ltd. (6222 JO): The maker of knitting machines increased its full-year net income forecast 10 percent to 11 billion yen on better-than-expected sales. The company boosted its second-half dividend to 30 yen from 20 yen. The stock climbed 290 yen, or 7.1 percent, to 4,390. Read full story.
1st February 2008
Knitting Industry
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Bloomberg reports that Shima Seiki Manufacturing Ltd. (6222 JO): The maker of knitting machines increased its full-year net income forecast 10 percent to 11 billion yen on better-than-expected sales. The company boosted its second-half dividend to 30 yen from 20 yen. The stock climbed 290 yen, or 7.1 percent, to 4,390.
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