Wednesday, February 2, 2011
Construction News Headlines for February 2, 2011
Komatsu Lifts Forecast After Quarterly Profit Triples
Komatsu Ltd., the world’s second-largest maker of construction equipment, raised its full-year earnings forecast 17% to 140 billion yen after increasing demand in Asia helped third- quarter profit more than triple. Net income climbed to 36.9 billion yen ($448 million) in the three months ended December 31 from 10.16 billion yen a year earlier, the Tokyo-based company reported. The company also forecast profit will more than
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