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Kyorin: Profits Down Due to Increase in R&D Spending in Full Year

November 22, 2004
Kyorin Pharmaceutical forecasts consolidated sales of \65,200 million (+0.2% over the previous year), operating profits of \5,700 million (-35%), ordinary profits of \6,200 million (-27.9%), and net profits of \3,300 million (-42%) for the year ending March 2005. The sharp…

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