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PALTEK CORP raises consolidated mid-year and amends consolidated full-year outlook for FY 2014


Friday, 25 Jul 2014 02:00am EDT 

PALTEK CORP:Says the company raised the consolidated mid-year outlook for the FY ending Dec. 2014.Revenue forecast increased to 11,677 million yen from 11,000 million yen.Operating profit forecast increased to 418 million yen from 330 million yen.Ordinary profit forecast increased to 389 million yen from 320 million yen.Net profit forecast increased to 228 million yen from 190 million yen.Earnings per share forecast increased to 19.99 yen from 16.64 yen.Says the company amended the consolidated full-year outlook for the FY ending Dec. 2014.Revenue forecast increased to 23,500 million yen from 22,200 million yen.Confirmed the operating profit forecast at 640 million yen.Ordinary profit forecast increased to 660 million yen from 610 million yen.Net profit forecast increased to 390 million yen from 365 million yen.Earnings per share forecast increased to 34.15 yen from 31.96 yen.Comments that increased sales in office equipment and communication infrastructure and received subsidy from New Energy and Industrial Technology Development Organization are the main reasons for the forecast. 

Company Quote

853.0
-48.0 -5.33%
3 Jul 2015