Amadeusz Juskowiak

Japans ntt forecasts profits fall in 198788

Nippon Telegraph and Telephone Corp NTT expects its profits to fall to 328 billion yen in the year ending March 31 1988 from a projected 348 billion this year the company said

Total sales for the same period are expected to rise to 5506 billion yen from a projected 5328 billion this year NTT said in a business operations plan submitted to the Post and Telecommunications Ministry

NTT said it plans to make capital investments of 1770 billion yen in 198788 including 109 billion for research and development as against a total of 1600 billion this year

Reuter