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Fuji Heavy Industries Ltd Expects Extraordinary Profit for Q3 of FY 2014; Amends Consolidated Full-year Outlook for FY 2014


Tuesday, 12 Nov 2013 06:00pm EST 

Fuji Heavy Industries Ltd announced that it is expecting and extraordinary profit of JPY 47,118 million, due to gain on selling of securities, for the third quarter of fiscal year ending March 2014. The Company also announced that it has reaffirmed the consolidated full-year outlook for revenue at JPY 2,300,000 million, operating profit at JPY 278,000 million, ordinary profit at JPY 272,000 million, and raised the outlook for net profit from JPY 178,000 million to JPY 207,000 million and earning per share from JPY 228.08 to JPY 265.24 for the fiscal year ending March 2014. The positive net profit outlook is mainly due to record of extraordinary profit. According to I/B/E/S Estimates, analysts on average were expecting the Company to report full-year revenue of JPY 2,299.84 billion, operating profit of JPY 287.79 billion and net income of JPY 184.94 billion. 

Company Quote

4354.0
102.0 +2.40%
19 Dec 2014