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AIGAN CO LTD Announces Extraordinary Loss for Q2 of FY 2014 and Amends Consolidated Mid-year Outlook for FY 2014


Friday, 1 Nov 2013 02:20am EDT 

AIGAN CO LTD announced that it will record a JPY 140 million extraordinary loss on the impairment of fixed assets, for the second quarter of the fiscal year ending March 2014. In addition, the Company has raised its consolidated mid-year outlook for revenue from JPY 8,541 million to JPY 8,601 million, but lowered the outlook for operating profit from JPY 8 million to a loss of JPY 121 million, ordinary profit from a loss of JPY 7 million to a loss of JPY 71 million, net profit from a loss of JPY 59 million to a loss of JPY 255 million and earning per share from a loss of JPY 3.02 to a loss of JPY 13.17, for the fiscal year ending March 2014. The positive outlook is due to the increased sales, and the negative outlook is due to the increased marketing cost and the record of extraordinary loss, among others. 

Company Quote

247.0
-3.0 -1.20%
9:10pm EST