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AOC Holdings, Inc. Lowers Consolidated Mid-year and Full-year Outlook for FY Ending March 31, 2013


Thursday, 9 Aug 2012 02:00am EDT 

AOC Holdings, Inc. announced that it has lowered its consolidated mid-year outlook for revenue from JPY 390,000 million to JPY 369,000 million, operating profit (loss) from JPY 1,500 million to JPY (4,900 million), ordinary profit (loss) from JPY 100 million to JPY (6,500 million), net profit (loss) from JPY 500 million to JPY (15,300 million) and earning per share (loss) from JPY 6.48 to JPY (198.14) for the fiscal year ending March 31, 2013. The Company also lowered its consolidated full-year outlook for revenue from JPY 790,000 million to JPY 728,000 million, operating profit from JPY 4,200 million to JPY 2,900 million, ordinary profit from JPY 1,500 million to JPY 300 million, net profit (loss) from JPY 2,200 million to JPY (8,300 million) and earning per share (loss) from JPY 28.49 to JPY (107.49) for the same fiscal year. This is due to the decreased price of crude oil, as well as the recording of JPY 4,073 million allowance for investment losses as extraordinary loss. According to I/B/E/S Estimates, analysts on average are expecting the Company to report full-year revenue of JPY 749.33 billion and net profit (loss) of JPY (0.60 billion). 

Company Quote

349.0
10.0 +2.95%
25 Jul 2014