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Miyairi Valve MFG Co Ltd Amends Consolidated Full-year Outlook for FY 2014

Friday, 8 Nov 2013 02:50am EST 

Miyairi Valve MFG Co Ltd announced that it has reaffirmed the consolidated full-year outlook for revenue from at JPY 4,660 million, operating profit at JPY 184 million, ordinary profit at JPY 167 million, but lowered the outlook for net profit from JPY 154 million to JPY 20 million and earnings per share from JPY 3.22 to JPY 0.42 for the fiscal year ending March 2014. The negative outlook for net profit is mainly due to record of extraordinary loss, due to waiver of debt. 

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