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MEIJI SHIPPING CO LTD Expects Extraordinary Loss and Raises Full-year Consolidated Outlook for FY 2013


Monday, 13 May 2013 12:00am EDT 

MEIJI SHIPPING CO LTD announced that it expects the extraordinary loss of JPY 2,399 million caused by impairment loss on vessels, for the fiscal year ended March 31, 2013. The Company also has raised its full-year consolidated outlook for revenue from JPY 22,500 million to JPY 22,883 million, operating profit from JPY 800 million to JPY 833 million, ordinary profit from JPY 2,700 million to JPY 2,766 million, net profit from JPY 250 million to JPY 541 million, and earnings per share from JPY 7.56 to JPY 16.38, for the fiscal year ended March 31, 2013. The Company raised its full-year consolidated outlook mainly due to the depreciation of yen and revision of impairment loss. 

Company Quote

372.0
-3.0 -0.80%
2:00am EDT