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Awa Paper Mfg Co Ltd Amends Consolidated Full-year Outlook for FY 2013

Thursday, 7 Feb 2013 01:00am EST 

Awa Paper Mfg Co Ltd announced that it has lowered its consolidated full-year outlook for revenue from JPY 17,500 million to JPY 15,560 million, operating profit from JPY 830 million to JPY 350 million, ordinary profit from JPY 760 million to JPY 380 million, but raised the outlook for net profit from JPY 430 million to JPY 440 million and earning per share from JPY 47.20 to JPY 48.30, for the fiscal year ending March 2013. The Company lowered the outlook due to the decreased sales and the impact of the fierce business conditions, and raised the net profit outlook due to the record of profit on selling of investment securities. 

Company Quote

4.0 +1.18%
1:54am EDT