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Sumitomo Mitsui Construction Co Ltd Amends Consolidated Full-year Outlook for FY 2013

Friday, 8 Feb 2013 01:30am EST 

Sumitomo Mitsui Construction Co Ltd announced that it has raised the consolidated full-year outlook for revenue from JPY 320,000 million to JPY 335,000 million, operating profit from JPY 5,700 million to JPY 5,800 million, and has reaffirmed the outlook for ordinary profit at JPY 4,100 million, but has lowered the full-year outlook for net profit from JPY 2,100 million to JPY 1,500 million and earning per share from JPY 5.02 to JPY 3.73 for the fiscal year ending March 31, 2013. The positive revenue and operating profit outlook is mainly doe to increase of order. The negative outlook for net profit is mainly due to the deterioration of margin of profit of construction work. 

Company Quote

-3.0 -2.54%
24 Jul 2014