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Connect Holdings Corp Amends Consolidated Mid-year Forecast for FY 2013; Expects Extraordinary Loss for Q2 of FY 2013

Thursday, 4 Apr 2013 11:30pm EDT 

Connect Holdings Corp announced that it has raised the consolidated mid-year forecast for revenue from JPY 722 million to JPY 736 million, operating profit from JPY 5 million to JPY 26 million, ordinary profit from JPY 4 million to JPY 17 million, but lowered the forecast for net profit from JPY 17 million to JPY 12 million and earning per share from JPY 0.33 to JPY 0.24 for the fiscal year ending August 2013. The Company raised the consolidated mid-year outlook for revenue, operating profit and ordinary profit due to favorable performance of subsidiary. However, the Company lowered the outlook for net profit due to expectation of JPY 5 million extraordinary loss due to expense on relocation for the second quarter of the fiscal year ending August 2013. 

Company Quote

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22 Aug 2014