41. Upward revisions by the central bank in April and May data offset two-thirds of that improvement. 42. While this was slightly less than expected, analysts said this was offset by a hefty upward revision in July sales. 43. A company spokeswoman said late Wednesday the upward revision was made possible due partly to higher overseas sales, the positive results of restructuring efforts and lower interest rates. 44. According to First Call, retailing companies have seen the largest number of upward revisions in profit forecasts by industry analysts. 45. Analysts had expected a slight upward revision. 46. But analysts expect an upward revision when a new forecast is made later this month. 47. But now the MOE has decided not to supply gas to KAFCO till the payment of outstanding dues and upward revision of gas price from December next. 48. He said further upward revisions are expected. 49. Higher forecasts for wheat production in Australia, China, India, Russia and the United States are largely behind the upward revision, according to the agency. 50. Soybeans slipped lower on wet forecasts for Argentina and on expectations of an upward revision in U.S. soyoil stocks. |