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Tomoe Engineering Co Ltd (6309.T)

6309.T on Tokyo Stock Exchange

24 Mar 2017
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TOMOE ENGINEERING amends consolidated mid-year and full-year outlook for FY 2015
Friday, 29 May 2015 03:00am EDT 

TOMOE ENGINEERING CO LTD:Says the company decreased the consolidated mid-year outlook for revenue to 20,086 million yen from 20,700 million yen for FY ending Oct. 2015.Operating profit forecast increased to 934 million yen from 880 million yen.Ordinary profit forecast increased to 1,161 million yen from 900 million yen.Net profit forecast increased to 923 million yen from 670 million yen.Earnings per share increased to 92.5 yen from 67.14 yen.Comments the foreign exchange gain and decreased taxes are the main reasons for the forecast.Says the company lowered the consolidated full-year outlook for revenue to 40,370 million yen from 42,700 million yen for FY ending Oct. 2015.Sees a decrease of operating profit forecast to 1,280 million yen from 1,830 million yen.Sees a decrease of ordinary profit forecast to 1,500 million yen from 1,850 million yen.Sees a decrease of net profit forecast to 1,030 million yen from 1,150 million yen.Sees a decrease of earnings per share to 103.22 yen from 115.25 yen.Comments the decreased sales of chemical industrial products and machinery as the main reason for the forecast.  Full Article

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