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CASSINA IXC Ltd. Amends Consolidated Full-year Outlook for FY 2011
CASSINA IXC Ltd. announced that it has lowered its consolidated full-year outlook for revenue from JPY 5,400 million to JPY 5,308 million, but raised the outlook for operating profit from JPY 180 million to JPY 199 million, ordinary profit from JPY 160 million to JPY 237 million, net profit from JPY 470 million to JPY 518 million and earning per share from JPY 1,224.78 to JPY 1,350.38, for the fiscal year ended December 2011. The Company lowered the revenue outlook due to the decreased sales and raised the profit outlook due to the cost reduction and the record of profit on valuation of derivative, among others.
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