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Naikai Zosen Corp Amends Consolidated Full-year Outlook for FY 2013

Wednesday, 17 Apr 2013 02:00am EDT 

Naikai Zosen Corp announced that it has lowered its consolidated full-year outlook for revenue from JPY 28,500 million to JPY 27,000 million, net profit from JPY 310 million to JPY 190 million and earning per share from JPY 18.28 to JPY 11.20, but raised the outlook for operating profit from JPY 1,010 million to JPY 3,000 million and ordinary profit from JPY 910 million to JPY 2,980 million, for the fiscal year ended March 2013. The Company lowered the revenue outlook due to the decreased sales, raised the operating profit and ordinary profit outlook due to the cost reduction and the decreased provision for construction loss, and lowered the net profit outlook due to the reversal of deferred tax assets. 

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11 Jul 2014