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Nippon Koshuha Steel Co Ltd raises consolidated mid-year outlook for FY 2015

Wednesday, 30 Jul 2014 02:30am EDT 

Nippon Koshuha Steel Co Ltd:Increased the consolidated mid-year outlook for revenue to 20,500 million yen from 20,300 million yen for the FY ending March 2015.Operating profit forecast increased to 140 million yen from a loss of 30 million yen.Ordinary profit forecast increased to 150 million yen from 0 million yen.Net profit forecast increased to 260 million yen from 120 million yen.Earnings per share increased to 1.77 yen from 0.82 yen.Comments the improvement in sales prices, expansion of high value-added product and reduced cost are the main reasons for the forecast. 

Company Quote

-3.0 -2.56%
31 Jul 2015