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Sumitomo Seika Chemicals Co Ltd Amends Consolidated Full-year Forecast for FY 2013

Tuesday, 30 Apr 2013 02:00am EDT 

Sumitomo Seika Chemicals Co Ltd announced that it has lowered the consolidated full-year forecast for revenue from JPY 72,000 million to JPY 70,500 million but raised the forecast for operating profit from JPY 3,800 million to JPY 4,200 million, ordinary profit from JPY 3,400 million to JPY 4,700 million, net profit from JPY 2,300 million to JPY 3,100 million and earning per share from JPY 33.35 to JPY 44.95 for the fiscal year ended March 31, 2013. The Company lowered the consolidated full-year outlook for revenue due to decreased sales but raised the outlook for operating profit, ordinary profit and net profit due to decreasing value of yen. 

Company Quote

3.0 +0.39%
1:00am EST