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SEIKO ELECTRIC CO LTD Raises Consolidated Mid-year and Full-year Outlook for FY 2013


Tuesday, 13 Aug 2013 02:00am EDT 

SEIKO ELECTRIC CO LTD announced that it has raised its consolidated mid-year outlook for revenue from JPY 8,170 million to JPY 8,550 million, operating profit from JPY 60 million to JPY 89 million, ordinary profit from JPY 40 million to JPY 171 million, net profit from JPY 20 million to JPY 158 million and earning per share from JPY 1.69 to JPY 13.44, for the fiscal year ending December 2013. The Company has also raised its consolidated full-year outlook for revenue from JPY 16,200 million to JPY 16,800 million, ordinary profit from JPY 200 million to JPY 330 million, net profit from JPY 150 million to JPY 280 million and earning per share from JPY12.68 to JPY 23.66 , but affirmed the outlook for operating profit of JPY 250 million, for the fiscal year ending December 2013. The Company raised the outlook due to the increased sales and the record of exchange profit, among others. 

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1 May 2015