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PALTEK CORP Raises Mid-year and Full-year Consolidated Outlook for FY 2013


Wednesday, 24 Jul 2013 03:45am EDT 

PALTEK CORP announced that it has raised its mid-year consolidated outlook for revenue from JPY 7,350 million to JPY 7,602 million, operating profit from JPY 250 million to JPY 445 million, ordinary profit from JPY 230 million to JPY 450 million, net profit from JPY 131 million to JPY 258 million, and earnings per share from JPY 11.47 to JPY 22.63, for the fiscal year ending December 31, 2013. The Company also has raised its full-year consolidated outlook for revenue from JPY 15,350 million to JPY 15,800 million, operating profit from JPY 300 million to JPY 560 million, ordinary profit from JPY 270 million to JPY 580 million, net profit from JPY 155 million to JPY 340 million, and earnings per share from JPY 13.57 to JPY 29.77, for the same fiscal year. The Company raised its mid-year and full-year consolidated outlook mainly due to the smooth performance of programmable logic device (PLD) and integrated circuit (IC) business for communication infrastructure, medical equipment and industrial equipment areas, as well as the depreciation of yen. 

Company Quote

518.0
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26 Nov 2014