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Hulic Co Ltd Amends Consolidated Full-year Forecast for FY 2013; Raises Year-end Dividend Forecast for FY 2013

Monday, 28 Oct 2013 10:30pm EDT 

Hulic Co Ltd announced that it has reaffirmed the consolidated full-year forecast for revenue of JPY 100,000 million and raised the forecast for operating profit from JPY 26,500 million to JPY 28,000 million, ordinary profit from JPY 22,500 million to JPY 24,000 million, net profit from JPY 11,500 million to JPY 14,000 million and earning per share from JPY 19.45 to JPY 23.67 for the fiscal year ending December 31, 2013. This is due to favorable performance of rental business. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of JPY 105.16 billion and net profit of JPY 13.60 billion for the fiscal year ending December 2013. The Company has raised the year-end dividend forecast from JPY 2.50 per share to JPY 3.50 per share for the fiscal year ending December 31, 2013. 

Company Quote

-14.0 -1.05%
12:08am EDT