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Sumitomo Chemical Co Ltd Amends Consolidated Mid-year Outlook for FY 2014


Wednesday, 30 Oct 2013 02:00am EDT 

Sumitomo Chemical Co Ltd announced that it has lowered its consolidated mid-year outlook for revenue from JPY 1,150,000 million to JPY 1,050,000 million, but raised the outlook for operating profit from JPY 35,000 million to JPY 46,000 million, ordinary profit from JPY 25,000 million to JPY 44,000 million, net profit from JPY 10,000 million to JPY 12,000 million and earning per share from JPY 6.12 to JPY 7.34, for the fiscal year ending March 2014. The Company lowered the revenue outlook due to the decreased sales, and raised the profit outlook due to the decreased marketing cost, the improved investment profit and exchange profit. 

Company Quote

383.0
-3.0 -0.78%
24 Apr 2014