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Sanix Inc Receives Investigation Result and Restates Q1 Financial Report for FY 2014


Tuesday, 12 Nov 2013 03:00am EST 

Sanix Inc announced that it has received an investigation result, which confirmed the accounting of fictitious sales on industrial solar power system in May 2013. As a result, the Company has restated its financial report for first quarter of fiscal year 2014, and amended the revenue for the first quarter from JPY 16,027 million to JPY 15,753 million, operating profit from JPY 1,056 million to JPY 965 million, ordinary profit from JPY 1,015 million to JPY 924 million, and earnings per share from JPY 830 to JPY 778. 

Company Quote

1234.0
84.0 +7.30%
18 Apr 2014