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SEIKITOKYU KOGYO CO LTD Amends Consolidated Full-year Outlook for FY 2013; Expects Extraordinary Loss for FY 2013

Thursday, 9 May 2013 12:00am EDT 

SEIKITOKYU KOGYO CO LTD announced that it has lowered the consolidated full-year outlook for revenue from JPY 76,500 million to JPY 75,600 million, but has raised the consolidated full-year outlook for operating profit from JPY 3,400 million to JPY 3,730 million, ordinary profit from JPY 3,200 million to JPY 3,550 million, net profit from JPY 3,000 million to JPY 3,700 million and earning per share from JPY 15.76 to JPY 19.34 for the fiscal year ended March 31, 2013. The positive outlook for net profit is mainly due to reduction of costs. The negative outlook for revenue is mainly due to decrease of completion rate of construction work. The Company is also expecting an extraordinary loss of JPY 236 million, as depletion of fixed assets, for the fiscal year ended March 31, 2013. 

Company Quote

-2.0 -0.38%
10:01pm EDT