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Mitsubishi Chemical Holdings Corp Amends Full-year Consolidated Outlook for FY 2013


Tuesday, 19 Feb 2013 11:30pm EST 

Mitsubishi Chemical Holdings Corp announced that it has lowered its full-year consolidated outlook for revenue from JPY 3,200,000 million to JPY 3,120,000 million, operating profit from JPY 120,000 million to JPY 100,000 million, ordinary profit from JPY 105,000 million to JPY 93,000 million, and raised its full-year consolidated outlook for net profit from JPY 21,000 million to JPY 23,000 million, and earnings per share from JPY 14.24 to JPY 15.60, for the fiscal year ending March 31, 2013. The Company lowered its full-year consolidated outlook for revenue, operating profit and ordinary profit mainly due to the decrease in demands for polyolefin and methyl methacrylate, and raised its full-year consolidated outlook for net profit mainly due to the reversal of loss on valuation of investment securities. According to I/B/E/S Estimates, analysts on average are expecting the Company to report its full-year consolidated outlook for revenue of JPY 3,180,880 million, operating profit of JPY 104,480 million and net profit of JPY 16,060 million, for the same fiscal year. 

Company Quote

608.9
0.8 +0.13%
26 Dec 2014