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Hitachi Construction Machinery Co Ltd Lowers Consolidated Full-year Outlook for FY Ending March 2013


Thursday, 25 Oct 2012 02:00am EDT 

Hitachi Construction Machinery Co Ltd announced that it has lowered its consolidated full-year outlook for revenue from JPY 820,000 million to JPY 740,000 million, operating profit from JPY 72,000 million to JPY 56,000 million, ordinary profit from JPY 62,000 million to JPY 45,000 million, net profit from JPY 40,000 million to JPY 33,000 million and earning per share from JPY 188.84 to JPY 155.79 for the fiscal year ending March 31, 2013. This is due to the decreased sale of excavator and mining businesses. According to I/B/E/S Estimates, analysts on average are expecting the Company to report full-year revenue of JPY 809.42 billion and net profit of JPY 32.26 billion. 

Company Quote

2063.0
6.0 +0.29%
27 Aug 2014