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SEIKO ELECTRIC CO LTD raises consolidated mid-year outlook and amends consolidated full-year outlook for FY 2014


Wednesday, 30 Jul 2014 02:00am EDT 

SEIKO ELECTRIC CO LTD:Says the company increased the consolidated mid-year outlook for revenue to 8,481 million yen from 8,020 million yen for FY ending Dec. 2014.Operating profit forecast increased to 177 million yen from 80 million yen.Ordinary profit forecast increased to 151 million yen from 50 million yen.Net profit forecast increased to 101 million yen from 30 million yen.Earnings per share increased to 8.57 yen from 2.54 yen.Comments the sales increase as the main reason for the forecast.Says the company raised the consolidated full-year outlook for revenue to 17,800 million yen from 17,300 million yen for FY ending Dec. 2014.Confirms the operating profit forecast at 500 million yen.Confirms the ordinary profit forecast at 450 million yen.Confirms the net profit forecast at 350 million yen.Earnings per share increased to 29.63 yen from 29.58 yen. 

Company Quote

422.0
12.0 +2.93%
28 Nov 2014