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


Thursday, 31 Jan 2013 01:00am EST 

Nippon Synthetic Chemical Industry Co Ltd announced that it has lowered its full-year consolidated outlook for revenue from JPY 93,000 million to JPY 92,000 million, and raised its full-year consolidated outlook for operating profit from JPY 10,900 million to JPY 11,400 million, ordinary profit from JPY 10,600 million to JPY 11,600 million, net profit from JPY 6,700 million to JPY 7,600 million, and earnings per share from JPY 68.78 to JPY 78.02, for the fiscal year ending March 31, 2013. The Company lowered its full-year consolidated outlook for revenue mainly due to the decrease in demands for organic synthetic products. 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 93,170 million, operating profit of JPY 10,500 million and net profit of JPY 6,430 million, for the same fiscal year. 

Company Quote

721.0
5.0 +0.70%
21 Nov 2014