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Techno Horizon Holdings Co Ltd lowers consolidated full-year outlook for FY 2014 and cancels year-end dividend


Friday, 7 Feb 2014 02:00am EST 

Techno Horizon Holdings Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 23,100 million yen from 24,000 million yen for the fiscal year ending Mar. 2014.Sees a decrease of operating profit forecast to a loss of 1,390 million yen from 90 million yen.Sees a decrease of ordinary profit forecast to a loss of 850 million yen from 410 million yen.Sees a decrease of net profit forecast to a loss of 1,900 million yen from a loss of 210 million yen.Sees a decrease of earnings per share to a loss of 140.97 yen from a loss of 15.58 yen.Comments the losses in its subsidiary's reorganization as the main reasons for the forecast.Says it canceled the year-end dividend for the fiscal year ending Mar. 2014.Says the previous dividend forecast was 6 yen per share, disclosed on May 10, 2013. 

Company Quote

220.0
-6.0 -2.65%
30 Oct 2014