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ChugokuKogyo Co Ltd (5974.T)

5974.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

CHUGOKUKOGYO amends consolidated mid-year outlook for FY 2016
Friday, 30 Oct 2015 02:00am EDT 

CHUGOKUKOGYO CO LTD:Says the company increased the consolidated mid-year outlook for revenue to 5,450 million yen from 5,100 million yen for FY ending March 2016.Sees a decrease of operating profit forecast to -160 million yen from -110 million yen.Sees a decrease of ordinary profit forecast to -130 million yen from -95 million yen.Sees a decrease of net profit attributable to parent company's shareholders forecast to -50 million yen from -25 million yen.Sees a decrease of earnings per share to -14.62 yen from -7.31 yen.Comments the completion of plant construction projects and decreased profitability in high pressure equipment business are the main reasons for the forecast.  Full Article

CHUGOKUKOGYO to sell business and expects extraordinary profit for FY 2016; raises consolidated mid-year net profit outlook and lowers consolidated full-year outlook for FY 2016
Wednesday, 19 Aug 2015 03:00am EDT 

CHUGOKUKOGYO CO LTD:To sell transport equipment business at the price of 90 mln yen in total, on Sep. 1.Says it expects an extraordinary profit of 90 mln yen recorded as gain on sale of business, for fiscal year ending March 2016.Says the company reaffirmed the consolidated mid-year outlook for revenue at 5,100 mln yen for the fiscal year ending March 2016.Confirms the operating profit forecast at a loss of 110 mln yen.Confirms the ordinary profit forecast at a loss of 95 mln yen.Net profit forecast increased to a loss of 25 mln yen from a loss of 115 mln yen.Earnings per share increased to a loss of 7.31 yen from a loss of 33.63 yen.Says the company lowered the consolidated full-year outlook for revenue to 11,800 mln yen from 12,000 mln yen for the fiscal year ending March 2016.Sees a decrease of operating profit forecast to 125 mln yen from 130 mln yen.Sees a decrease of ordinary profit forecast to 160 mln yen from 165 mln yen.Sees a decrease of net profit forecast to 195 mln yen from 120 mln yen.Sees a decrease of earnings per share to 57.02 yen from 35.09 yen.  Full Article

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