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Life Foods Co Ltd Amends Consolidated Mid-year and Full-year Outlook for FY 2014; Expects Extraordinary Loss for FY 2014


Wednesday, 9 Oct 2013 02:15am EDT 

Life Foods Co Ltd announced that it has lowered the consolidated mid-year outlook for revenue from JPY 6,357 million to JPY 6,294 million, and raised the outlook for operating profit from JPY 194 million to JPY 237 million, ordinary profit from JPY 219 million to JPY 264 million, net profit from JPY 40 million to JPY 103 million, earnings per share JPY 2.27 to JPY 5.96 for the fiscal year ending February 2014. The Company also announced that it has lowered the consolidated full-year outlook for revenue from JPY 12,557 million to JPY 12,493 million, and raised the outlook for operating profit from JPY 324 million to JPY 367 million, ordinary profit from JPY 375 million to JPY 419 million, net profit from JPY 72 million to JPY 134 million, earnings per share JPY 4.04 to JPY 7.8 for the fiscal year ending February 2014. The positive profit outlook is mainly due to reduction of costs. The Company also announced that it is expecting an extraordinary loss of JPY 56 million, as fixed assets depletion loss, for the fiscal year ending February 2014. 

Company Quote

235.0
2.0 +0.86%
19 Sep 2014