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Iwatsu Electric Co Ltd raises consolidated full-year outlook for FY 2014

Friday, 25 Apr 2014 02:00am EDT 

Iwatsu Electric Co Ltd:Says the company increased the consolidated full-year outlook for revenue to 25,300 million yen from 25,000 million yen for the fiscal year ended March 2014.Operating profit forecast increased to 70 million yen from a loss of 200 million yen.Ordinary profit forecast increased to 290 million yen from 0 million yen.Net profit forecast increased to 570 million yen from 400 million yen.Earnings per share increased to 5.74 yen from 4.05 yen.Comments that demand increase in fiscal year end is the main reason for the forecast. 

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19 Sep 2014