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KYOWA ELECTRONIC INSTRUMENTS CO LTD Amends Consolidated Mid-year and Full-year Outlook for FY 2013


Thursday, 1 Aug 2013 01:00am EDT 

KYOWA ELECTRONIC INSTRUMENTS CO LTD announced that it has lowered consolidated mid-year outlook for revenue from JPY 7,000 million to JPY 6,844 million, but raised outlook for operating profit from JPY 600 million to JPY 804 million, ordinary profit from JPY 600 million to JPY 861 million, net profit from JPY 330 million to JPY 565 million, earning per share from JPY 13.24 to 22.48 for the fiscal year ending December 31, 2013. The Company also announced that it has lowered consolidated full-year outlook for revenue from JPY 14,600 million to JPY 14,300 million, but raised outlook for operating profit from JPY 1,200 million to JPY 1,300 million, ordinary profit from JPY 1,150 million to JPY 1,300 million, net profit from JPY 650 million to JPY 750 million, earning per share from JPY 26.08 to 29.82 for the fiscal year ending December 31, 2013. The negative revenue outlook is mainly due to later-than-expected market recovery. The positive profit outlook is mainly due to increase of order. 

Company Quote

445.0
10.0 +2.30%
2:00am EDT