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ShinMaywa Industries LTD Amends Consolidated Mid-year and Raises Consolidated Full-year Outlook for FY 2014


Wednesday, 30 Oct 2013 03:00am EDT 

ShinMaywa Industries LTD announced that it has lowered the consolidated mid-year outlook for revenue from JPY 73,000 million to JPY 72,500 million, and raised the outlook for operating profit from JPY 2,400 million to JPY 3,950 million, ordinary profit from JPY 2,500 million to JPY 4,100 million, net profit from JPY 1,700 million to JPY 2,750 million, earnings per share from JPY 17.05 to JPY 27.58 for the fiscal year ending March 2014. The Company also announced that it has raised consolidated full-year outlook for revenue from JPY 165,000 million to JPY 168,000 million, operating profit from JPY 6,700 million to JPY 8,300 million, ordinary profit from JPY 7,000 million to JPY 8,600 million, net profit from JPY 4,400 million to JPY 5,500 million, earnings per share from JPY 44.13 to JPY 55.16 for the fiscal year ending March 2014. The positive outlook is mainly due to decrease of costs for manufacturing, sales and administration. 

Company Quote

916.0
1.0 +0.11%
12:23am EDT