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Kyoei Steel Ltd Amends Consolidated Mid-year Outlook for FY 2014


Wednesday, 31 Jul 2013 12:00am EDT 

Kyoei Steel Ltd announced that it has raised its consolidated mid-year outlook for revenue from JPY 75,000 million to JPY 76,000 million, but lowered the outlook for operating profit from JPY 1,700 million to JPY 620 million, ordinary profit from JPY 1,800 million to JPY 670 million, net profit from JPY 1,000 million to JPY 100 million and earning per share from JPY 23.01 to JPY 2.30, for the fiscal year ending March 2014. The Company lowered the profit outlook due to the lower selling price of steel scrap and other product, among others. 

Company Quote

1832.0
-45.0 -2.40%
31 Oct 2014