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Mitsui Mining and Smelting Co Ltd Raises Consolidated Mid-year and Full-year Guidance for FY 2014


Monday, 21 Oct 2013 02:00am EDT 

Mitsui Mining and Smelting Co Ltd announced that the Company has raised the consolidated mid-year guidance for revenue from JPY 211,000 million to JPY 216,700 million, operating profit from JPY 6,800 million to JPY 11,900 million, ordinary profit from JPY 7,200 million to JPY 12,600 million, net profit from JPY 5,400 million to JPY 8,700 million and earning per share from JPY 9.45 to JPY 15.23 for the fiscal year ending March 31, 2014. The Company has also raised the consolidated full-year guidance for revenue from JPY 419,100 million to JPY 435,700 million, operating profit from JPY 17,100 million to JPY 20,900 million, ordinary profit from JPY 17,500 million to JPY 21,400 million, net profit from JPY 10,700 million to JPY 13,100 million and earning per share from JPY 18.73 to JPY 22.94 for the fiscal year ending March 31, 2014. This is due to increased sales. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of JPY 424.27 billion and net profit of JPY 11.94 billion for the fiscal year ending March 2014. 

Company Quote

305.0
-4.0 -1.29%
28 Nov 2014