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CMK CORP to close subsidiary and expects extraordinary loss for FY 2014


Friday, 17 Jan 2014 01:00am EST 

CMK CORP:Says to close a subsidiary engaged in manufacture and sale of print wiring boards in Yamanashi, Japan, due to sluggish demands.Sees extraordinary loss of 1.8 billion yen caused by business restructuring and impairment loss on fixed assets, for fiscal year ending Mar. 31, 2014.Sees lowered full-year consolidated outlook for fiscal year ending Mar. 31, 2014.Sees full-year revenue of 71,000 million yen lowered from 76,000 million yen.Sees full-year operating profit (loss) of (1,000 million) yen lowered from 2,200 million yen.Sees full-year ordinary profit (loss) of (1,700 million) yen lowered from 1,500 million yen.Sees full-year net profit (loss) of (3,800 million) yen lowered from 1,000 million yen.Sees full-year earnings (loss) per share of (64.69) yen lowered from 17.02 yen. 

Company Quote

267.0
-1.0 -0.37%
2:00am EDT