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TOYO Corp Lowers Consolidated Full-year Outlook and Year-end Dividend Forecast for FY 2013

Wednesday, 24 Jul 2013 01:00am EDT 

TOYO Corp announced that it has lowered its consolidated full-year outlook for revenue from JPY 21,500 million to JPY 20,000 million, operating profit from JPY 3,200 million to JPY 2,250 million, ordinary profit from JPY 3,500 million to JPY 2,450 million, net profit from JPY 2,100 million to JPY 1,500 million and earning per share from JPY 74.93 to JPY 53.28, for the fiscal year ending September 2013. The Company lowered the outlook due to the decreased sales. In addition, the Company has lowered its year-end dividend forecast from JPY 31 per share to JPY 17 per share, for the fiscal year ending September 2013. 

Company Quote

9.0 +0.90%
19 Dec 2014