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HIOKI E. E. Corp raises consolidated mid-year and year-end outlook and year-end dividend forecast for FY 2014


Thursday, 3 Jul 2014 02:00am EDT 

HIOKI E. E. Corp:Says the company raised the consolidated mid-year outlook for the FY ending Dec. 2014.Revenue forecast increased to 8,230 million yen from 7,700 million yen.Operating profit forecast increased to 1,040 million yen from 680 million yen.Ordinary profit forecast increased to 1,040 million yen from 700 million yen.Net profit forecast increased to 660 million yen from 445 million yen.Earnings per share forecast increased to 48.43 yen from 32.66 yen.Says the company raised the consolidated full-year outlook for the FY ending Dec. 2014.Revenue forecast increased to 16,300 million yen from 15,400 million yen.Operating profit forecast increased to 1,980 million yen from 1,360 million yen.Ordinary profit forecast increased to 1,980 million yen from 1,400 million yen.Net profit forecast increased to 1,260 million yen from 890 million yen.Earnings per share forecast increased to 92.46 yen from 65.31 yen.FY 2014 revenues of 15.70 billion yen, reported net profit of 0.96 billion yen – Thomson Reuters I/B/E/S.Comments that recovery of needs and stable economic environment of oversea market are the main reasons for the forecast.Sees year-end dividend forecast of 20 yen per share raised from 10 yen per share, for the FY ending Dec. 2014. 

Company Quote

1808.0
7.0 +0.39%
24 Jul 2014