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Chubu Steel Plate Co Ltd Lowers Consolidated Full-year Outlook for FY 2013


Thursday, 31 Jan 2013 12:30am EST 

Chubu Steel Plate Co Ltd announced that it has lowered the consolidated full-year outlook for revenue from JPY 36,200 million to JPY 34,700 million, operating profit (loss) from JPY (200 million) to JPY (1,000 million), ordinary profit (loss) from JPY (200 million) to JPY (900million), net profit (loss) from JPY (400 million) to JPY (600 million) and earning per share (loss) from JPY (13.07) to JPY (19.66) for the fiscal year ending March 31, 2013. The negative outlook is mainly due to the increasing demand gap and raw material price. According to I/B/E/S Estimates, analysts on average were expecting the Company to report full-year revenue of JPY 35.48 billion, operating profit (loss) of JPY (0.23 billion) and net income (loss) of JPY (0.42 billion). 

Company Quote

504.0
4.0 +0.80%
21 Nov 2014