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Mitsui Engineering & Shipbuilding Co Ltd Amends Consolidated Mid-year Outlook for FY 2014

Monday, 28 Oct 2013 04:00am EDT 

Mitsui Engineering & Shipbuilding Co Ltd announced that it has lowered its consolidated mid-year outlook for revenue from JPY 290,000 million to JPY 276,000 million, but raised the outlook for operating profit from JPY 7,000 million to JPY 8,100 million, ordinary profit from JPY 10,000 million to JPY 11,900 million, net profit from JPY 3,000 million to JPY 4,000 million and earning per share from JPY 3.63 to JPY 4.83 , for the fiscal year ending March 2014. The Company lowered the revenue outlook due to the delayed delivery of some orders, and raised the profit outlook due to the impact of the lower yen and the cost reduction. 

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