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OKUMURA CORP Raises Consolidated Full-year Outlook for FY 2013


Thursday, 2 May 2013 02:00am EDT 

OKUMURA CORP announced that it has raised its consolidated full-year outlook for revenue from JPY 182,000 million to JPY 196,550 million, operating profit from JPY 900 million to JPY 1,330 million, ordinary profit from JPY 2,000 million to JPY 3,560 million, net profit from JPY 1,300 million to JPY 2,680 million and earning per share from JPY 6.51 to JPY 13.42 for the fiscal year ended March 31, 2013. The positive outlook is mainly due to the better-than-expected progress of construction work in hand, as well as improvement of gross margin profit of civil engineering business and real estate business. According to I/B/E/S Estimates, analysts on average were expecting the Company to report full-year revenue of JPY 180 billion, operating profit of JPY 0.50 billion and net income of JPY 1.30 billion. 

Company Quote

557.0
10.0 +1.83%
26 Dec 2014