THYSSEN SEES GOOD 1987 PROFIT DESPITE STEEL LOSSES Thyssen AG <THYH.F> said it expects to post a good profit in 1987 despite anticipated losses in its mass steel-making operations this year. Managing board chairman Dieter Spethmann told the annual meeting the group was satisfied with profit developments in the first half of the 1986/87 financial year to September 30. The group's other three divisions -- specialty steel, capital goods and trading -- had made a profit so far in 1986/87, he added. Spethmann said income from associate companies had also been good in early 1986/87. In 1985/86 Thyssen's world group profit fell to 370.1 mln marks from 472.4 mln in 1984/85, reflecting costs linked to its steel operations. The company's dividend was an unchanged five marks. A Thyssen spokesman told Reuters that planned job cuts at subsidiary Thyssen Stahl AG would be higher than announced earlier. Total job losses by 1989 were now expected to total up to 7,800 against original projections of 5,900. Thyssen Stahl employs some 40,000 people.