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Chubu Electric Power Co Inc Amends Full-year Consolidated Outlook for FY 2014; Amends Mid-term and Year-end Dividend Forecasts for FY 2014


Tuesday, 17 Sep 2013 02:00am EDT 

Chubu Electric Power Co Inc announced that it has reaffirmed its full-year consolidated outlook for revenue of JPY 2,720,000 million, and raised its full-year consolidated outlook for operating profit (loss) from JPY (75,000 million) to JPY (65,000 million), ordinary profit (loss) from JPY (110,000 million) to JPY (100,000 million), net profit (loss) from JPY (75,000 million) to JPY (65,000 million), and earnings (loss) per share from JPY (98.99) to JPY (85.79), for the fiscal year ending March 31, 2014. This is due to the reduction in costs. According to I/B/E/S Estimates, analysts on average are expecting the Company to report its full-year consolidated outlook for revenue of JPY 2,752,390 million, operating profit (loss) of JPY (55,580 million) and net profit (loss) of JPY (60,230) million, for the same fiscal year. The Company also has amended its mid-term and year-end dividend forecasts from an undetermined value to JPY 0.00 per share, for the same fiscal year. 

Company Quote

1216.5
-2.5 -0.21%
8:15pm EDT