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PACIFIC METALS CO LTD revises consolidated mid-year and full-year outlook for FY 2015 and cancels year-end dividend for FY 2015


Tuesday, 5 Aug 2014 02:00am EDT 

PACIFIC METALS CO LTD:Says the company raised the consolidated mid-year outlook for revenue to 34,283 million yen from 33,411 million yen for the fiscal year ending March 2015.Sees a decreased operating profit forecast to a loss of 1,383 million yen from 95 million yen.Sees a decreased ordinary profit forecast to a loss of 172 million yen from 603 million yen.Sees a decreased net profit forecast to a loss of 830 million yen from 84 million yen.Sees a decrease of earnings per share to a loss of 4.25 yen from 0.43 yen.Says the company raised the consolidated full-year outlook for revenue to 65,231 million yen from 63,431 million yen for the fiscal year ending March 2015.Sees a decreased operating profit forecast to a loss of 1,437 million yen from 1,713 million yen.Sees a decreased ordinary profit forecast to 392 million yen from 2,821 million yen.Sees a decreased net profit forecast to a loss of 415 million yen from 1,823 million yen.Sees a decrease of earnings per share to a loss of 2.13 yen from 9.34 yen.FY 2015 revenues of 67.42 billion yen, reported net profit of 5.39 billion yen – Thomson Reuters I/B/E/S.Comments the ore embargo to Indonesia is the main reason for the forecast.Sees year-end dividend of 0 yen per share changed from 2.00 yen per share, for the fiscal year ending March 2015. 

Company Quote

413.0
-1.0 -0.24%
2:00am EDT