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Provider: Thomson Reuters Stock Report

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Sanyo Shokai Ltd. Amends Consolidated Full-year Outlook for FY 2012

Monday, 30 Jul 2012 11:00pm EDT 

Sanyo Shokai Ltd. announced that it has reaffirmed the consolidated full-year outlook for revenue at JPY 109,000 million, but has raised the consolidated full-year outlook for operating profit from JPY 4,500 million to JPY 5,000 million, ordinary profit from JPY 4,300 million to JPY 4,900 million, net profit from JPY 1,400 million to JPY 1,800 million and earning per share from JPY 11.13 to JPY 14.31 for the fiscal year ending December 31, 2012. The positive profit outlook is mainly due to good sales condition. According to I/B/E/S Estimates, analysts on average were expecting the Company to report full-year revenue of JPY 109.05 billion, operating profit of JPY 4.65 billion and net income of JPY 1.75 billion. 

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4.0 +1.37%
2:00am EDT