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Hokuhoku Financial Group Inc Amends Full-year Consolidated Outlook for FY 2013


Monday, 22 Apr 2013 02:00am EDT 

Hokuhoku Financial Group Inc announced that it has lowered its full-year consolidated outlook for revenue from JPY 200,000 million to JPY 199,000 million, and raised its full-year consolidated outlook for ordinary profit from JPY 19,500 million to JPY 29,000 million, net profit from JPY 12,000 million to JPY 18,000 million, and earnings per share from JPY 7.60 to JPY 12.19, for the fiscal year ended March 31, 2013. The Company raised its full-year consolidated outlook for ordinary profit and net profit mainly due to the improvement of loss on affiliated securities and decrease in credit-related expense. According to I/B/E/S Estimates, analysts on average are expecting the Company to report its full-year consolidated outlook for revenue of JPY 199,500 million and net profit of JPY 14,100 million, for the same fiscal year. 

Company Quote

245.0
6.0 +2.51%
1:00am EST