All Nippon Airways Co. announced Thursday that it is revising its forecast of a 2.3 billion yen net profit in its business report for the term that ends in March 1998 into a 3.2 billion yen net loss.
The carrier also revised its previous pretax profit forecast from 15 billion yen to 5.2 billion yen, down 65.3 percent. The firm will be unable to pay dividends to shareholders for the first time in 30 years. Sales are anticipated to total about 910.3 billion yen, down 19.6 billion yen, or 2.1 percent, from the previous forecast.
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