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Nippon Synthetic Chemical Industry Co Ltd Amends Consolidated Mid-year and Full-year Outlook for FY 2013


Friday, 26 Oct 2012 12:30am EDT 

Nippon Synthetic Chemical Industry Co Ltd announced that it has lowered the consolidated mid-year outlook for revenue from JPY 45,500 million to JPY 45,100 million, and has raised the consolidated mid-year outlook for operating profit from JPY 4,500 million to JPY 5,400 million, ordinary profit from JPY 4,200 million to JPY 5,100 million, net profit from JPY 2,800 million to JPY 3,500 million and earning per share from JPY 28.74 to JPY 35.93 for the fiscal year ending March 31, 2013. The Company has also reaffirmed the consolidated full-year outlook for revenue at JPY 93,000 million, but has raised the consolidated full-year outlook for operating profit from JPY 9,600 million to JPY 10,900 million, ordinary profit from JPY 9,600 million to JPY 10,600 million, net profit from JPY 6,000 million to JPY 6,700 million and earning per share from JPY 61.60 to JPY 68.78 for the fiscal year ending March 31, 2013. The positive profit outlook is mainly due to increase of sales of synthetic resin segment products and reduce of costs. 

Company Quote

819.0
10.0 +1.24%
19 Sep 2014