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ASAHI ORGANIC CHEMICALS INDUSTRY CO LTD Lowers Consolidated Mid-year Outlook for FY 2014

Wednesday, 31 Jul 2013 03:00am EDT 

ASAHI ORGANIC CHEMICALS INDUSTRY CO LTD announced that it has lowered the consolidated mid-year outlook for revenue from JPY 17,000 million to JPY 16,000 million, operating profit from JPY 300 million to JPY 50 million, ordinary profit from JPY 400 million to JPY 200 million, net profit from JPY 200 million to JPY 100 million, earning per share from JPY 2.05 to 1.02 for the fiscal year ending March 31, 2014. The negative outlook is mainly due to lower-than-expected sales in pipe material business and resin business. 

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4.0 +1.41%
26 Dec 2014