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Japan Hotel REIT Investment Corp Amends Mid-year and Full-year Outlook and Reaffirms Year-end Distribution per Unit for Fiscal Period Ending December 31, 2013


Tuesday, 2 Apr 2013 02:30am EDT 

Japan Hotel REIT Investment Corp announced that it has raised its mid-year outlook for revenue from JPY 4,228 million to JPY 4,569 million, operating profit from JPY 1,933 million to JPY 2,176 million, ordinary profit from JPY 1,185 million to JPY 1,274 million, net profit from JPY 1,185 million to JPY 1,274 million, for the fiscal period ending December 31, 2013. The Company also has raised its outlook for revenue from JPY 9,795 million to JPY 11,085 million, operating profit from JPY 5,045 million to JPY 6,014 million, ordinary profit from JPY 3,517 million to JPY 4,234 million, net profit from JPY 3,515 million to JPY 4,232 million, and reaffirmed its year-end distribution per unit of JPY 1,670, for the fiscal period ending December 31, 2013. This is due to the issuance of new investment units. 

Company Quote

54700.0
-400.0 -0.73%
10 Jul 2014