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Hitachi Metals Ltd Lowers Consolidated Full-year Forecast for FY 2013

Wednesday, 30 Jan 2013 01:30am EST 

Hitachi Metals Ltd announced that it has lowered the consolidated full-year forecast for revenue from JPY 548,000 million to JPY 532,000 million, operating profit from JPY 42,500 million to JPY 22,000 million, ordinary profit from JPY 39,100 million to JPY 20,500 million, net profit from JPY 25,200 million to JPY 12,000 million and earning per share from JPY 70.17 to JPY 33.53 for the fiscal year ending March 31, 2013. The Company lowered the consolidated full-year outlook due to the downturn in economy and the aggravated order environment. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of JPY 543.28 billion and net profit of JPY 15.82 billion for the fiscal year ending March 2013. 

Company Quote

-3.0 -0.16%
30 Oct 2014