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(Update) Kobayashi Pharmaceutical Withdraws Earnings Outlook

(Update) Kobayashi Pharmaceutical Withdraws Earnings Outlook

   Osaka, May 10 (Jiji Press)--Kobayashi Pharmaceutical Co. on Friday withdrew its earnings forecasts for the year ending in December, citing difficulties in assessing the impact of a scandal over health problems involving its supplement products containing "beni koji" red fermented rice.
   In the January-March quarter, the company's consolidated net profit slumped 72.9 pct from a year before to 976 million yen due to an extraordinary loss of 3,862 million yen related to the beni koji scandal.

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AFP-JIJI PRESS NEWS JOURNAL


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