River Eletec Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2014; Provides Earnings Guidance for the First Half and Fiscal Year 2015
For the fiscal year 2015, the company expects net income of ¥14 million or ¥1.92 earnings per share, ordinary income of ¥5 million and operating income of ¥29 million on net sales of ¥5,390 million.
For the first half of fiscal year 2015, the company expects net loss of ¥187 million or ¥25.38 earnings per share, ordinary loss of ¥201 million and operating loss of ¥185 million on net sales of ¥2,473 million.