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NICHIA STEEL WORKS LTD Raises Consolidated Full-year Outlook for FY 2013

Thursday, 25 Apr 2013 02:00am EDT 

NICHIA STEEL WORKS LTD announced that it has raised its consolidated full-year outlook for revenue from JPY 26,857 million to JPY 27,444 million, operating profit from JPY 501 million to JPY 766 million, ordinary profit from JPY 831 million to JPY 1,193 million, net profit from JPY 514 million to JPY 717 million and earning per share from JPY 10.53 to JPY 14.70 for the fiscal year ended March 31, 2013. The positive outlook is mainly due to increase of sales of general cable products. 

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