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SINFONIA TECHNOLOGY CO LTD Amends Consolidated Mid-year Outlook for FY 2014

Friday, 25 Oct 2013 12:40am EDT 

SINFONIA TECHNOLOGY CO LTD announced that it has lowered the consolidated mid-year outlook for revenue from JPY 33,000 million to JPY 31,250 million, and raised the operating profit from JPY 0 million to JPY 10 million, ordinary profit (loss) from JPY (300 million) to JPY (200 million), net profit (loss)from JPY (300 million) to JPY (180 million), earnings (loss) per share from JPY (2.02) to JPY (1.21) for the fiscal year ending March 2014. The negative revenue outlook is mainly due to slower-than-expected recovery of domestic economics. The positive profit outlook is mainly due to reduction of costs. 

Company Quote

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22 Sep 2014