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Okura Industrial Co Ltd raises consolidated mid-year outlook for FY 2014


Friday, 25 Jul 2014 01:30am EDT 

Okura Industrial Co Ltd:Says the company raised the consolidated mid-year outlook for the FY ending Dec. 2014.Revenue forecast increased to 44,600 million yen from 44,000 million yen.Operating profit forecast increased to 1,320 million yen from 850 million yen.Ordinary profit forecast increased to 1,170 million yen from 700 million yen.Net profit forecast increased to 660 million yen from 300 million yen.Earnings per share forecast increased to 11.06 yen from 5.01 yen.Comments that increased sales in new materials business, like the optical film of smart phone and the tablet devices is the main reason for the forecast. 

Company Quote

353.0
5.0 +1.44%
1:00am EST