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Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
Provider: Wright Reports
Provider: Sadif Analytics Prime

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Mitsui Mining and Smelting Co Ltd amends consolidated mid-year and full-year outlook for FY 2015

Friday, 8 Aug 2014 02:00am EDT 

Mitsui Mining and Smelting Co Ltd:Says the company decreased the consolidated mid-year outlook for revenue to 215,700 million yen from 216,500 million yen for FY ending March 2015.Operating profit forecast increased to 9,600 million yen from 8,600 million yen.Ordinary profit forecast increased to 10,500 million yen from 8,000 million yen.Net profit forecast increased to 7,700 million yen from 5,600 million yen.Earnings per share increased to 13.48 yen from 9.81 yen.Says the company lowered the consolidated full-year outlook for revenue to 446,200 million yen from 447,000 million yen for FY ending March 2015.Sees an increased operating profit forecast to 25,000 million yen from 24,000 million yen.Sees an increased ordinary profit forecast to 27,500 million yen from 25,000 million yen.Sees an increased net profit forecast to 17,100 million yen from 15,000 million yen.Sees a decrease of earnings per share to 29.94 yen from 26.26 yen per share.FY 2015 revenues of 448.45 billion yen, reported net profit of 16.44 billion yen – Thomson Reuters I/B/E/S.Comments the sales increase in functional materials business and price rise of zinc and indium are the main reasons for the forecast. 

Company Quote

-2.0 -0.70%
1 May 2015