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NOVARESE Inc Amends Consolidated Mid-year and Full-year Guidance for FY 2013


Monday, 29 Jul 2013 02:00am EDT 

NOVARESE Inc announced that it has raised the consolidated mid-year forecast for revenue from JPY 5,500 million to JPY 5,826 million but lowered the forecast for operating profit from JPY 150 million to JPY 140 million, ordinary profit from JPY 160 million to JPY 134 million, net profit (loss) from JPY 50 million to JPY (72 million) and earning (loss) per share from JPY 4.86 to JPY (7.03) for the fiscal year ending December 31, 2013. The Company has raised the consolidated full-year forecast for revenue from JPY 12,800 million to JPY 13,500 million, operating profit from JPY 1,350 million to JPY 1,400 million, ordinary profit from JPY 1,360 million to JPY 1,400 million but lowered the forecast for net profit from JPY 760 million to JPY 700 million and earning per share from JPY 73.88 to JPY 68.05 for the fiscal year ending December 31, 2013. The Company lowered the outlook for net profit due to record of extraordinary loss on impairment. 

Company Quote

889.0
12.0 +1.37%
9:27pm EST