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DDS Inc Announces Extraordinary Profit and Extraordinary Loss for Q4 of FY 2012; Amends Consolidated Full-year Outlook for FY 2012

Thursday, 14 Feb 2013 05:10am EST 

DDS Inc announced that it will record a JPY 15 million extraordinary profit on the debt exemption, a JPY 66 million extraordinary loss on the impairment of real estate, a JPY 38 million extraordinary loss on the retirement of inventory assets, as well as a JPY 9 million extraordinary loss on the office moving, for the four quarter of the fiscal year ended December 2012. In addition, the Company has lowered its consolidated full-year outlook for revenue from JPY 692 million to JPY 628 million and net profit from JPY 7 million to a loss of JPY 43 million, but raised the outlook for operating profit from JPY 30 million to JPY 35 million and ordinary profit from JPY 14 million to JPY 58 million, for the fiscal year ended December 2012. The Company lowered the revenue outlook due to the orders loss for some projects, and lowered the net profit outlook due to the record of extraordinary loss, among others. 

Company Quote

-42.0 -5.92%
1:10am EDT