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Mitsubishi Chemical Holdings Corp Amends Consolidated Mid-year Outlook for FY 2014


Monday, 21 Oct 2013 10:30pm EDT 

Mitsubishi Chemical Holdings Corp announced that it has lowered its consolidated mid-year outlook for revenue from JPY 1,660,000 million to JPY 1,611,000 million and operating profit from JPY 57,000 million to JPY 51,500 million, but raised the outlook for ordinary profit from JPY 49,500 million to JPY 50,000 million, net profit from JPY 14,500 million to JPY 27,500 million and earning per share from JPY 9.84 to JPY 18.66, for the fiscal year ending March 2014. The Company lowered the revenue outlook due to the decreased sales, and raised the ordinary profit and net profit outlook due to the extraordinary profit on selling of investment shares as well as the exchange profit, among others. 

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