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Yahagi Construction Co Ltd (1870.T)

1870.T on Tokyo Stock Exchange

974JPY
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Latest Key Developments (Source: Significant Developments)

Yahagi Construction raises consolidated full-year outlook for FY 2016
Tuesday, 26 Apr 2016 02:00am EDT 

Yahagi Construction Co Ltd:Says the company raised the consolidated full-year outlook for the FY ended March 2016.Revenue forecast increased to 88,700 million yen from 87,000 million yen.Operating profit forecast increased to 7,300 million yen from 7,000 million yen.Ordinary profit forecast increased to 7,300 million yen from 6,900 million yen.Net profit forecast increased to 4,650 million yen from 4,200 million yen.Earnings per share forecast increased to 107.13 yen from 96.77 yen.Comments that increased yield in construction business is the main reason for the forecast.  Full Article