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TOKYO ENERGY & SYSTEMS INC Amends Consolidated Full-year Outlook for FY 2013; Expects Extraordinary Loss for FY 2013

Thursday, 28 Mar 2013 03:00am EDT 

TOKYO ENERGY & SYSTEMS INC announced that it has raised the consolidated full-year outlook for revenue from JPY 55,000 million to JPY 58,600 million, operating profit from JPY 3,000 million to JPY 4,300 million, ordinary profit from JPY 3,100 million to JPY 4,400 million, but has lowered the consolidated full-year outlook for net profit from JPY 1,900 million to JPY 1,300 million and earning per share from JPY 54.29 to JPY 37.15 for the fiscal year ending March 31, 2013. The positive outlook for revenue, operating profit and ordinary profit is mainly due to the progress of large-scale project in thermal power generation station and reduction of costs. The Company also announced that it is expecting an extraordinary loss of JPY 1.634 billion, as loss in depletion of fixed assets, for the fiscal year ending March 31, 2013. 

Company Quote

4.0 +0.61%
24 Oct 2014