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CAR MATE MFG CO LTD Lowers Consolidated Mid-year and Full-year Guidance for FY 2014


Monday, 21 Oct 2013 03:30am EDT 

CAR MATE MFG CO LTD announced that the Company has lowered the consolidated mid-year guidance for revenue from JPY 8,830 million to JPY 8,561 million, operating profit from JPY 599 million to JPY 116 million, ordinary profit from JPY 470 million to JPY 118 million, net profit from JPY 251 million to JPY 71 million and earning per share from JPY 33.13 to JPY 9.46 for the fiscal year ending March 31, 2014. The Company has also reaffirmed the consolidated full-year guidance for revenue of JPY 20,000 million and lowered the guidance for operating profit from JPY 1,608 million to JPY 1,257 million, ordinary profit from JPY 1,400 million to JPY 1,171 million, net profit from JPY 837 million to JPY 676 million and earning per share from JPY 110.20 to JPY 89.07 for the fiscal year ending March 31, 2014. The Company lowered the consolidated mid-year and full-year forecasts due to poor sales performance and decreased orders. 

Company Quote

635.0
0.0 +0.00%
18 Apr 2014