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Laox Co Ltd Lowers Consolidated Full-year Forecast for FY 2013; Closes Store in Shanghai


Wednesday, 13 Nov 2013 01:00am EST 

Laox Co Ltd announced that it has lowered the consolidated full-year forecast for revenue from JPY 40,200 million to JPY 34,000 million, operating profit (loss) from JPY (720 million) to JPY (2,500 million), ordinary profit (loss) from JPY (740 million) to JPY (2,500 million), net profit (loss) from JPY (780 million) to JPY (3,500 million) and earning (loss) per share from JPY (1.43) to JPY (6.42) for the fiscal year ending December 31, 2013. The Company lowered the consolidated full-year outlook due to increased cost. The Company has closed a store in Shanghai effective November 13, 2013. 

Company Quote

115.0
-3.0 -2.54%
2:00am EDT