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ASAHI KOGYOSHA raises consolidated full-year outlook for FY 2014

Wednesday, 30 Apr 2014 02:00am EDT 

ASAHI KOGYOSHA CO LTD:Says the company increased the consolidated full-year outlook for revenue to 74,500 million yen from 71,000 million yen for the fiscal year ended March 2014.Sees an increased operating profit forecast to 1,800 million yen from 1,000 million yen.Sees an increased ordinary profit forecast to 1,950 million yen from 1,100 million yen.Sees an increased net profit forecast to 520 million yen from 500 million yen.Sees an increased earnings per share to 16.28 yen from 15.66 yen.Comments the increase of order in its equipment construction business are the main reasons for the forecast.Expecting an extraordinary loss of 297 million yen as penalty payment for it's violation of Japan Fair Trade Commission. 

Company Quote

5.0 +1.05%
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