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Alps Electric Co Ltd Raises Consolidated Full-year Forecast for FY 2014

Wednesday, 30 Oct 2013 11:00pm EDT 

Alps Electric Co Ltd announced that it has raised the consolidated full-year forecast for revenue from JPY 600,000 million to JPY 648,000 million, operating profit from JPY 19,000 million to JPY 24,000 million, ordinary profit from JPY 19,300 million to JPY 22,500 million, net profit from JPY 9,500 million to JPY 11,000 million and earning per share from JPY 53.00 to JPY 61.37 for the fiscal year ending March 31, 2014. The Company raised the consolidated full-year forecast due to increased sales. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of JPY 632.09 billion and net profit of JPY 10.44 billion for the fiscal year ending March 2014. 

Company Quote

69.0 +4.06%
19 Sep 2014