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NIPPON GAS CO LTD lowers consolidated mid-year outlook for FY 2015


Wednesday, 30 Jul 2014 03:30am EDT 

NIPPON GAS CO LTD:Says the company lowered the consolidated mid-year outlook for revenue to 57,100 million yen from 60,000 million yen for the fiscal year ending March 2015.Sees a decrease of operating profit forecast to 1,800 million yen from 2,700 million yen.Sees a decrease of ordinary profit forecast to 1,400 million yen from 2,600 million yen.Sees a decrease of net profit forecast to 600 million yen from 1,400 million yen.Sees a decrease of earnings per share to 15.02 yen from 31.79 yen.Comments the decreased revenue in construction equipment and the increased development costs are the main reasons for the forecast. 

Company Quote

2638.0
49.0 +1.89%
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