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Oki Electric Industry Co Ltd Expects Extraordinary Loss for Q2 of FY 2014; Raised Consolidated Mid-year Forecast for FY 2014


Wednesday, 23 Oct 2013 02:30am EDT 

Oki Electric Industry Co Ltd announced that it expects JPY 2,869 million extraordinary loss on business restructuring for the second quarter of the fiscal year ending March 31, 2014. The Company has raised the consolidated mid-year forecast for revenue from JPY 194,500 million to JPY 204,000 million, operating profit from JPY 1,500 million to JPY 2,800 million, ordinary profit (loss) from JPY (500 million) to JPY 7,000 million, net profit (loss) from JPY (2,500 million) to JPY 1,800 million and earning (loss) per share from JPY (3.43) to JPY 2.47 for the fiscal year ending March 31, 2014. The Company raised the consolidated mid-year outlook due to increased orders and decreased cost. 

Company Quote

232.0
-4.0 -1.69%
21 Oct 2014