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Sumitomo Seika Chemicals Co Ltd Raises Consolidated Mid-year and Full-year Outlook for FY 2014


Tuesday, 6 Aug 2013 02:00am EDT 

Sumitomo Seika Chemicals Co Ltd announced that it has raised its consolidated mid-year outlook for revenue from JPY 44,300 million to JPY 47,000 million, operating profit from JPY 1,500 million to JPY 3,000 million, ordinary profit from JPY 1,300 million to JPY 3,300 million, net profit from JPY 800 million to JPY 2,300 million and earning per share from JPY 11.60 to JPY 33.35 , for the fiscal year ending March 2014. In addition, the Company has also raised its consolidated full-year outlook for revenue from JPY 91,500 million to JPY 94,200 million, operating profit from JPY 4,800 million to JPY 6,300 million, ordinary profit from JPY 4,500 million to JPY 6,500 million, net profit from JPY 3,000 million to JPY 4,500 million and earning per share from JPY 43.50 to JPY 65.25 , for the fiscal year ending March 2014. The Company raised the outlook due to the increased sales, the impact of the lower yen, among others. 

Company Quote

637.0
0.0 +0.00%
2:00am EDT