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DAIHO CORP Announces Extraordinary Loss for Q3 of FY 2013; Lowers Consolidated Full-year Outlook for FY 2013

Tuesday, 12 Feb 2013 02:00am EST 

DAIHO CORP announced that it will record a JPY 850 million extraordinary loss on the payment for lawsuit settlement, for the third quarter of the fiscal year ending March 2013. The Company has lowered its consolidated full-year outlook for revenue from JPY 120,000 million to JPY 115,000 million, operating profit from JPY 1,400 million to a loss of JPY 600 million, ordinary profit from JPY 1,200 million to a loss of JPY 700 million, net profit from JPY 600 million to a loss of JPY 2,500 million and earning per share from JPY 9.45 to a loss of JPY 39.41, for the fiscal year ending March 2013. This is due to the decreased sales the increased cost and the record of extraordinary loss, among others. 

Company Quote

8.0 +1.64%
22 Sep 2014