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Honeys Co Ltd lowers consolidated mid-year outlook for FY 2014


Wednesday, 25 Dec 2013 01:00am EST 

Honeys Co Ltd:Says it lowered the consolidated mid-year outlook for revenue to 29,777 million yen to 32,600 million yen for the fiscal year ending Mar. 31, 2014.Sees a decrease of operating profit to 1,306 million yen from 2,450 million yen.Sees a decrease of ordinary profit to 1,184 million yen from 2,450 million yen.Sees a decrease of net profit to 434 million yen from 1,260 million yen.Sees a decrease of earning per share to 15.58 yen from 45.16 yen.Comments on the negative outlook caused by plunge of exchange rate, as well as fierce sales competition in China. 

Company Quote

1048.0
-4.0 -0.38%
25 Jul 2014