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Tensho Electric Industries Co Ltd (6776.T)

6776.T on Tokyo Stock Exchange

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Tensho Electric Industries raises consolidated full-year outlook for FY 2016
Friday, 15 Apr 2016 03:00am EDT 

Tensho Electric Industries Co Ltd:Says the company increased the consolidated full-year outlook for revenue to 15,100 million yen from 14,700 million yen for FY ended March 2016.Operating profit forecast increased to 670 million yen from 450 million yen.Ordinary profit forecast increased to 550 million yen from 330 million yen.Net profit forecast increased to 400 million yen from 220 million yen.Earnings per share increased to 24.19 yen from 13.31 yen.Comments the sales increase and costs reduction are the main reasons for the forecast.  Full Article