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NGK Insulators Ltd Raises Full-year Consolidated Outlook for FY 2014

Wednesday, 30 Oct 2013 02:20am EDT 

NGK Insulators Ltd announced that it has raised its full-year consolidated outlook for revenue from JPY 280,000 million to JPY 290,000 million, operating profit from JPY 28,000 million to JPY 34,000 million, ordinary profit from JPY 29,000 million to JPY 36,000 million, net profit from JPY 22,000 million to JPY 25,000 million, and earnings per share from JPY 67.37 to JPY 76.56, for the fiscal year ending March 31, 2014. The Company raised its full-year consolidated outlook mainly due to the increase in revenue from automobile ceramics and ceramic products for semiconductor manufacturing equipment. According to I/B/E/S Estimates, analysts on average are expecting the Company to report its full-year consolidated outlook for revenue of JPY 286,710 million, operating profit of JPY 32,330 million and net profit of JPY 25,890 million, for the same fiscal year. 

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-27.0 -0.96%
8:11pm EDT