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Toho Titanium Co Ltd Amends Consolidated Full-year Outlook for FY 2013; Amends Year-end Dividend Forecast for FY 2013


Thursday, 28 Feb 2013 03:00am EST 

Toho Titanium Co Ltd announced that it has reaffirmed the consolidated full-year outlook for revenue at JPY 39,700 million and ordinary profit at JPY 500 million, and has raised the consolidated full-year outlook for operating profit from JPY 900 million to jPY 1,000 million, but has lowered the consolidated full-year outlook for net profit (loss) from JPY 700 million to JPY (2,400 million) and earning (loss) per share from JPY 10.06 to JPY (34.50) for the fiscal year ending March 31, 2013. According to I/B/E/S Estimates, analysts on average were expecting the Company to report full-year revenue of JPY 39.80 billion, operating profit of JPY 0.38 billion and net income of JPY 0.08 billion. The negative outlook for net profit is mainly due to the record of extraordinary loss. The Company has also amended the year-end dividend forecast from an undetermined value to JPY 3 per share, for the fiscal year ending March 31, 2013. 

Company Quote

850.0
-8.0 -0.93%
31 Jul 2014