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Hitachi Transport System Ltd Amends Consolidated Mid-year and Full-year Guidance for FY 2014


Friday, 25 Oct 2013 04:40am EDT 

Hitachi Transport System Ltd announced that the Company has raised the consolidated mid-year guidance for revenue from JPY 290,000 million to JPY 294,000 million but lowered the guidance for operating profit from JPY 11,700 million to JPY 8,000 million, ordinary profit from JPY 11,500 million to JPY 7,300 million, net profit from JPY 6,100 million to JPY 2,900 million and earning per share from JPY 54.68 to JPY 26.00 for the fiscal year ending March 31, 2014. The Company has reaffirmed the consolidated full-year guidance for revenue of JPY 600,000 million and lowered the guidance for operating profit from JPY 26,500 million to JPY 24,000 million, ordinary profit from JPY 26,000 million to JPY 23,000 million, net profit from JPY 14,700 million to JPY 11,500 million and earning per share from JPY 131.78 to JPY 103.09 for the fiscal year ending March 31, 2014. This is due to decreased sales and increased cost. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of JPY 592.05 billion and net profit of JPY 10.92 billion for the fiscal year ending March 2014. 

Company Quote

1558.0
-10.0 -0.64%
2:00am EDT