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Nippon Koshuha Steel Co Ltd Raises Consolidated Full-year Outlook and Cancels Year-end Dividend for FY 2014

Thursday, 31 Oct 2013 01:00am EDT 

Nippon Koshuha Steel Co Ltd announced that it has raised its consolidated full-year outlook for revenue from JPY 36,500 million to JPY 39,000 million, operating profit from JPY 100 million to JPY 140 million, ordinary profit from JPY 150 million to JPY 160 million, but affirmed the outlook for net profit of JPY 300 million and earning per share of JPY 2.05, for the fiscal year ending March 2014. The Company raised the outlook due to the increased sales. In addition, the Company has also changed its year-end dividend forecast from an undetermined value to JPY 0.00 per share, for the fiscal year ending March 2014. 

Company Quote

2.0 +1.87%
1:00am EST