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Meiwa Estate Co Ltd Amends Full-year Consolidated Outlook for FY 2014


Friday, 1 Nov 2013 12:00am EDT 

Meiwa Estate Co Ltd announced that it has lowered its full-year consolidated outlook for revenue from JPY 37,500 million to JPY 34,000 million, and raised its full-year consolidated outlook for operating profit from JPY 2,100 million to JPY 2,800 million, ordinary profit from JPY 900 million to JPY 1,700 million, net profit from JPY 800 million to JPY 1,800 million, and earnings per share from JPY 32.14 to JPY 72.31, for the fiscal year ending March 31, 2014. The Company lowered its full-year consolidated outlook for revenue mainly due to the delay in delivery of condominiums, and raised its full-year consolidated outlook for operating profit, ordinary profit and net profit mainly due to the increase in sales of real estate in progress. 

Company Quote

524.0
9.0 +1.75%
1 Oct 2014