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


Wednesday, 26 Jun 2013 02:00am EDT 

Kawaguchi Chemical Industry Co Ltd announced that it has lowered its mid-year consolidated outlook for revenue from JPY 3,000 million to JPY 2,955 million, operating profit (loss) from JPY 20 million to JPY (24 million), ordinary profit (loss) from JPY 15 million to JPY (30 million), net profit (loss) from JPY 10 million to JPY (13 million), and earnings (loss) per share from JPY 0.82 to JPY (1.08), for the fiscal year ending November 30, 2013. The Company also has reaffirmed its full-year consolidated outlook for revenue of JPY 6,400 million, and lowered its full-year consolidated outlook for operating profit from JPY 120 million to JPY 60 million, ordinary profit from JPY 100 million to JPY 50 million, net profit from JPY 60 million to JPY 40 million, and earnings per share from JPY 4.92 to JPY 3.28, for the same fiscal year. This is due to the decrease in orders for resin agents and intermediate, as well as increase in raw material cost caused by depreciation of yen. 

Company Quote

151.0
-1.0 -0.66%
7:00pm EST