Singapore personal computer company IPC Corp is likely to report poorer profits in the first half of 1996 later this month after closing its retail outlets in the US and Australia last year, analysts said on Tuesday. They said operations in the Asia-Pacific region would not make up for the loss of earnings and IPC’s efforts to diversify were unlikely to have much impact this year. Analysts Keppel Securities projected a full-year net profit of $46m and said it would be satisfied if IPC achieved 30% of that in the first half; IPC reported net profit of $25m in the first half of 1995.
