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Odawara Auto-Machine Mfg Co Ltd amends consolidated mid-year outlook for FY 2014


Wednesday, 6 Aug 2014 02:10am EDT 

Odawara Auto-Machine Mfg Co Ltd:Says the company raised the consolidated mid-year outlook for revenue to 1,757 million yen from 1,559 million yen for FY ending Dec. 2014.Sees a decreased operating profit forecast to 220 million yen from 265 million yen.Sees a decreased ordinary profit forecast to 229 million yen from 271 million yen.Sees a decreased net profit forecast to 221 million yen from 251 million yen.Sees a decrease of earnings per share to 143.80 yen from 163.11 yen per share.Comments the demand increase and profitability decrease are the main reasons for the forecast. 

Company Quote

480.0
4.0 +0.84%
22 Jul 2016