17-Jan-2011 3:34 PM
JAT, Autogrill shares easing
Analysis
Shares in Japan Airport Terminal fell back 1.8% in trading on Friday, after climbing during the middle of last week. The company has reported surge in duty free sales following the expansion of international services from Tokyo Haneda Airport. Despite the higher traffic at the airport, in Nov-2010 the company slashed its FY2011 (year ending 31-Mar-2011) net profit forecast from USD16.1 million to USD7.4 million.
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