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Provider: Thomson Reuters Stock Report

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ROYAL ELECTRIC CO LTD Lowers Consolidated Mid-year Outlook for FY 2014; Expects Extraordinary Loss for FY 2014

Thursday, 7 Nov 2013 03:00am EST 

ROYAL ELECTRIC CO LTD announced that it has lowered consolidated mid-year outlook for revenue from JPY 2,462 million to JPY 2,040 million, operating profit from JPY 23 million to JPY (146 million), ordinary profit from JPY 32 million to JPY (26 million), net profit from JPY 31 million to JPY (63 million), earnings per share from JPY 7.39 to JPY (15.18) for the fiscal year ending March 2014. The negative outlook is mainly due to extraodinary loss of JPY 23 million as land depletion loss, for the same fiscal year. 

Company Quote

1.0 +0.25%
23 Jul 2014