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Foster Electric Co Ltd Amends Consolidated Full-year Forecast for FY 2013


Wednesday, 30 Jan 2013 01:30am EST 

Foster Electric Co Ltd announced that it has raised the consolidated full-year forecast for revenue from JPY 139,000 million to JPY 140,000 million, but lowered the forecast for operating profit from JPY 6,300 million to JPY 6,000 million, ordinary profit from JPY 6,300 million to JPY 6,000 million, net profit from JPY 4,300 million to JPY 4,000 million and earning per share from JPY 184.32 to JPY 171.46 for the fiscal year ending March 31, 2013. The Company raised the consolidated full-year forecast for revenue due to decreasing value in yen, but decreased the forecast for operating profit, ordinary profit and net profit due to decreased sales amount. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of JPY 138.64 billion and net profit of JPY 3.95 billion for the fiscal year ending March 2013. 

Company Quote

1726.0
46.0 +2.74%
2:00am EDT