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Ubiteq INC Amends Consolidated Mid-year Outlook for FY 2013


Friday, 25 Jan 2013 02:30am EST 

Ubiteq INC announced that it has lowered its consolidated mid-year outlook for revenue from JPY 1,400 million to JPY 1,335 million, but raised the outlook for operating profit from a loss of JPY 160 million to a loss of JPY 85 million, ordinary profit from a loss of JPY 145 million to a loss of JPY 45 million, net profit from a loss of JPY 70 million to a loss of JPY 35 million and earning per share from a loss of JPY 489.85 to a loss of JPY 244.89, for the fiscal year ending June 2013. The Company lowered the revenue outlook due to the decreased sales in China market and the delayed record of part of the sales, and raised the profit outlook due to the cost reduction, the receiving of subsidy as well as the record of exchange profit, among others. 

Company Quote

284.0
2.0 +0.71%
1:48am EDT