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CVS Bay Area Inc Amends Full-year Consolidated Outlook for FY 2013


Wednesday, 3 Apr 2013 04:00am EDT 

CVS Bay Area Inc announced that it has raised its full-year consolidated outlook for revenue from JPY 27,100 million to JPY 27,190 million, ordinary profit (loss) from JPY (409 million) to JPY (354 million), and lowered its full-year consolidated outlook for operating profit (loss) from JPY (350 million) to JPY (426 million), net profit (loss) from JPY (412 million) to JPY (880 million), and earnings (loss) per share from JPY (8.36) to JPY (17.84), for the fiscal year ended February 28, 2013. The Company raised its full-year consolidated outlook for revenue and ordinary profit mainly due to the profit on valuation of investment securities and smooth performance of two subsidiaries, and lowered its full-year consolidated outlook for operating profit and net profit mainly due to the decrease in gross profit of convenience store business, extraordinary losses caused by shutdown of stores and loss on valuation of investment securities, as well as adjustment of corporate tax. 

Company Quote

150.0
0.0 +0.00%
8:52pm EDT