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KYODO SHIRYO CO LTD lowers consolidated full-year outlook for FY 2014


Monday, 10 Feb 2014 01:30am EST 

KYODO SHIRYO CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 138,000 million yen from 139,000 million yen for the fiscal year ending Mar. 2014.Sees a decrease of operating profit forecast to a loss of 200 million yen from 700 million yen.Sees a decrease of ordinary profit forecast to a loss of 450 million yen from 600 million yen.Sees a decrease of net profit forecast to a loss of 900 million yen from 200 million yen.Sees a decrease of earnings per share to a loss of 9.11 yen from 2.02 yen.Comments the increased procurement cost and record of bad debt allowance for subsidiary are the main reasons for the forecast. 

Company Quote

102.0
1.0 +0.99%
2:00am EDT