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TOW CO LTD raises mid-year and full-year consolidated outlook and mid-term dividend forecast for FY 2014


Sunday, 1 Dec 2013 10:30pm EST 

TOW CO LTD:Sees raised raises mid-year and full-year consolidated outlook for fiscal year ending June 30, 2014.Sees mid-year revenue of 6,160 million yen from 5,498 million yen.Sees mid-year operating profit of 497 million yen from 252 million yen.Sees mid-year ordinary profit of 501 million yen from 254 million yen.Sees mid-year net profit of 296 million yen from 139 million yen.Sees mid-year earnings per share of 26.74 yen from 12.59 yen.Sees full-year revenue of 11,531 million yen from 10,869 million yen.Sees full-year operating profit of 701 million yen from 492 million yen.Sees full-year ordinary profit of 707 million yen from 496 million yen.Sees full-year net profit of 404 million yen from 270 million yen.Sees full-year earnings per share of 36.66 yen from 24.46 yen.Says outlook raised due to recovery of advertising and promotion business and strategic policy of the company.Sees mid-term dividend raised to 14.00 yen from 12.50 yen.Sees year-end dividend of 12.50 yen. 

Company Quote

680.0
-5.0 -0.73%
11 Jul 2014