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SOMAR CORP Amends Consolidated Mid-year and Full-year Outlook for FY 2014


Friday, 1 Nov 2013 02:15am EDT 

SOMAR CORP announced that it has raised its consolidated mid-year outlook for revenue from JPY 11,500 million to JPY 11,640 million, but lowered the outlook for operating profit from a loss of JPY 510 million to a loss of JPY 550 million, ordinary profit from a loss of JPY 330 million to a loss of JPY 530 million, net profit from a loss of JPY 370 million to a loss of JPY 430 million and earning per share from a loss of JPY 19.03 to a loss of JPY 22.12, for the fiscal year ending March 2014. In addition, the Company has also lowered its consolidated full-year outlook for revenue from JPY 25,000 million to JPY 24,330 million, operating profit from a loss of JPY 550 million to a loss of JPY 900 million, ordinary profit from a loss of JPY 260 million to a loss of JPY 900 million, net profit from a loss of JPY 370 million to a loss of JPY 690 million and earning per share from a loss of JPY 19.03 to a loss of JPY 35.49, for the fiscal year ending March 2014. The Company lowered the outlook due to the decreased sales. 

Company Quote

170.0
2.0 +1.19%
19 Dec 2014