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Provider: Reuters Investment Profile
$20.00
Provider: Wright Reports
$75.00

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Japan Hotel REIT Investment Corp lowers full-year net profit outlook for FY 2013


Thursday, 19 Dec 2013 02:00am EST 

Japan Hotel REIT Investment Corp:Sees full-year revenue outlook of 11,386 million yen raised from 11,222 million yen, for fiscal period ending Dec. 31, 2013.Sees full-year operating outlook of 5,262 million yen lowered from 6,008 million yen.Sees full-year ordinary profit of 3,627 million yen lowered from 4,349 million yen.Sees full-year net profit of 3,113 million yen lowered from 4,357 million yen.Sees full-year distribution per unit of 1,896 yen raised from 1,803 yen.Says revenue raised due to increase in revenue from property and cost reduction, and net profit lowered due to loss on sale and impairment loss of properties. 

Company Quote

56300.0
600.0 +1.08%
2:00am EDT