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KOEI CHEMICAL CO LTD Lowers Full-year Consolidated Outlook and Amends Year-end Dividend Forecast for FY 2014

Thursday, 31 Oct 2013 12:00am EDT 

KOEI CHEMICAL CO LTD announced that it has lowered its full-year consolidated outlook for revenue from JPY 20,900 million to JPY 19,200 million, operating profit from JPY 330 million to JPY 160 million, ordinary profit from JPY 330 million to JPY 230 million, net profit from JPY 200 million to JPY 150 million, and earnings per share from JPY 8.17 to JPY 6.13, for the fiscal year ending March 31, 2014. The Company lowered its full-year consolidated outlook mainly due to the slow recovery of demands for electronic materials, delay in delivery of catalytic agent and sluggish economy in developing countries. The Company has amended its year-end dividend forecast from JPY 7.00 per share to an undetermined value, for the same fiscal year. 

Company Quote

-2.0 -0.95%
27 Aug 2014