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SHINHOKOKU STEEL CORP raises consolidated full-year outlook for FY 2014

Friday, 8 Aug 2014 02:00am EDT 

SHINHOKOKU STEEL CORP:Says the company increased the consolidated full-year outlook for revenue to 3,600 million yen from 3,330 million yen for the FY ending Dec. 2014.Operating profit forecast increased to 400 million yen from 300 million yen.Ordinary profit forecast increased to 420 million yen from 310 million yen.Net profit forecast increased to 380 million yen from 300 million yen.Earnings per share increased to 114.80 yen from 90.61 yen.Comments the increase in orders of semiconductor and LCD lithography related equipment is the main reason for the forecast. 

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-5.0 -0.70%
12:37am EDT