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Social Ecology Project Co Ltd Expects Extraordinary Loss for Q2 of FY 2014; Lowers Mid-year Consolidated Outlook for FY 2014


Tuesday, 12 Nov 2013 04:05am EST 

Social Ecology Project Co Ltd announced that it expects the extraordinary loss of JPY 11 million caused by loss on valuation of investment securities, for the second quarter of fiscal year ending March 31, 2014. The Company has lowered its mid-year consolidated outlook for revenue from JPY 1,212 million to JPY 1,184 million, operating profit from JPY 98 million to JPY 28 million, ordinary profit from JPY 96 million to JPY 45 million, net profit from JPY 95 million to JPY 37 million, and earnings per share from JPY 4.42 to JPY 1.49, for the fiscal year ending March 31, 2014. This is due to the accounting of lawsuit related expense, operation expense on general meeting of shareholders, as well as extraordinary loss caused by loss on valuation of investment securities. 

Company Quote

82.0
-2.0 -2.38%
30 Jan 2015