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Precision System Science Co Ltd Lowers Consolidated Mid-year and Full-year Outlook for FY 2014


Thursday, 14 Nov 2013 02:00am EST 

Precision System Science Co Ltd announced that it has lowered consolidated mid-year outlook for revenue from JPY 2,111 million to JPY 1,900 million, operating profit (loss) from JPY 5 million to JPY (220 million), ordinary profit (loss) from JPY 2 million to JPY (185 million), net profit from JPY 1,332 million to JPY 1,240 million, earnings per share from JPY 14,595.66 to JPY 13,587.55 for the fiscal year ending June 2014. The Company also announced that it has lowered consolidated full-year outlook for revenue from JPY 4,573 million to JPY 4,360 million, operating profit (loss) from JPY 41 million to JPY (250 million), ordinary profit (loss) from JPY 34 million to JPY (225 million), net profit from JPY 1,342 million to JPY 1,200 million, earnings per share from JPY 73.53 to JPY 65.75 for the fiscal year ending June 2014. The negative outlook is mainly due to delay of project progress, less-than-expected sales revenue of developed project, as well as increase of costs. 

Company Quote

901.0
-39.0 -4.15%
2:00am EDT