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GOYO INTEX CO LTD Amends Consolidated Mid-year and Full-year Outlook for FY 2014

Friday, 18 Oct 2013 04:45am EDT 

GOYO INTEX CO LTD announced that it has raised its consolidated mid-year outlook for revenue from JPY 590 million to JPY 676 million, operating profit from a loss of JPY 30 million to JPY 4 million, ordinary profit from a loss of JPY 35 million to a loss of JPY 2 million, net profit from a loss of JPY 40 million to a loss of JPY 2 million and earning per share from a loss of 3.73 to a loss of JPY 0.17, for the fiscal year ending March 2014. The Company has also raised its consolidated full-year outlook for revenue from JPY 1,330 million to JPY 1,420 million, but affirmed the outlook for operating profit of JPY 40 million, ordinary profit of JPY 30 million, net profit of JPY 15 million and lowered the outlook for earning per share from JPY 1.40 to JPY 1.23, for the same fiscal year. The Company raised the mid-term outlook due to the increased sales and the cost reduction, and affirmed the full-year profit outlook due to the uncertain forecast from the impact of the higher materials price, the fluctuation of exchange rate and the increasing of consumption tax. 

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