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Foster Electric Co Ltd revises full-year consolidated outlook and reaffirms year-end dividend forecast for FY 2014


Thursday, 27 Feb 2014 02:00am EST 

Foster Electric Co Ltd:Full-year consolidated outlook for revenue of 163,000 mln yen raised from 159,000 mln yen, for fiscal year ending March 31, 2014.Full-year operating profit outlook of 6,400 mln yen lowered from 8,000 mln yen.Full-year ordinary profit outlook of 6,600 mln yen lowered from 8,000 mln yen.Full-year net profit outlook of 2,600 mln yen lowered from 4,800 mln yen.Full-year earnings per share outlook of 111.45 yen lowered from 205.75 yen.Revenue outlook raised due to depreciation of yen, and profit outlook lowered due to decreased demands from high-end smartphone market.Reaffirms year-end dividend forecast of 20 yen per share, for the same fiscal year.FY 2014 revenue of 163,820 mln yen, operating profit of 8,170 mln yen and net profit of 5,100 mln yen - Thomson Reuters I/B/E/S. 

Company Quote

1270.0
3.0 +0.24%
11 Jul 2014