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AZEARTH Corp Lowers Consolidated Mid-year and Full-year Outlook for FY Ending April 30, 2013


Friday, 7 Sep 2012 02:30am EDT 

AZEARTH Corp announced that it has lowered its consolidated mid-year outlook for revenue from JPY 4,885 million to JPY 4,400 million, operating profit (loss) from JPY 121 million to JPY (6 million), ordinary profit (loss) from JPY 102 million to JPY (25 million), net profit (loss) from JPY 52 million to JPY (35 million) and earning per share (loss) from JPY 8.94 to JPY (5.91) for the fiscal year ending April 30, 2013. The Company also lowered its consolidated full-year outlook for revenue from JPY 10,414 million to JPY 10,100 million, operating profit from JPY 437 million to JPY 367 million, ordinary profit from JPY 421 million to JPY 351 million, net profit from JPY 234 million to JPY 175 million and earning per share from JPY 39.64 to JPY 29.59 for the same fiscal year. This is due to the decreased sale of protective clothing, environment material and Tatami material businesses, as well as the recording of special additional amount for early retirement as selling and general administrative expenses. 

Company Quote

406.0
4.0 +1.00%
1:57am EDT