Kobe Steel Ltd Amends Consolidated Full-year Outlook for FY 2013

Tuesday, 30 Oct 2012 12:30am EDT 

Kobe Steel Ltd announced that it has lowered the consolidated full-year outlook for revenue from JPY 1,750,000 million to JPY 1,710,000 million, and reaffirmed the consolidated operating profit at JPY 15,000 million, ordinary profit (loss) at JPY (25,000 million), net profit at JPY (60,000 million) and earning (loss) per share at JPY (19.99) for the fiscal year ending March 31, 2013. The negative revenue outlook is mainly due to less-than-expected sales of steel material and aluminum rolled product. 

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