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Ube Industries Ltd Amends Consolidated Mid-year and Full-year Outlook for FY 2014


Monday, 30 Sep 2013 02:00am EDT 

Ube Industries Ltd announced that it has lowered its consolidated mid-year outlook for revenue from JPY 328,000 million to JPY 313,000 million, operating profit from JPY 12,000 million to JPY 8,000 million and ordinary profit from JPY 8,500 million to JPY 5,000 million, but raised the outlook for net profit from JPY 4,500 million to JPY 5,000 million and earning per share from JPY 4.38 to JPY 4.90, for the fiscal year ending March 2014. In addition, the Company has also lowered its consolidated full-year outlook for revenue from JPY 675,000 million to JPY 647,000 million, operating profit from JPY 34,000 million to JPY 26,000 million, ordinary profit from JPY 28,500 million to JPY 19,500 million, net profit from JPY 14,500 million to JPY 12,500 million and earning per share from JPY 13.92 to JPY 12.05, for the fiscal year ending March 2014. The Company lowered the outlook due to the decreased sales in functional product and fine products, among others. 

Company Quote

156.0
-4.0 -2.50%
24 Oct 2014