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JX Holdings Inc Raises Consolidated Full-year Outlook for FY Ending March 31, 2013
JX Holdings Inc announced that it has raised its consolidated full-year outlook for revenue from JPY 10,400,000 million to JPY 11,110,000 million, operating profit from JPY 150,000 million to JPY 210,000 million, ordinary profit from JPY 220,000 million to JPY 290,000 million, net profit from JPY 100,000 million to JPY 140,000 million and earning per share from JPY 40.21 to JPY 56.30 for the fiscal year ending March 31, 2013. This is due to the increased prices of crude oil. According to I/B/E/S Estimates, analysts on average are expecting the Company to report full-year revenue of JPY 10,319.50 billion and net profit of JPY 102.42 billion.
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