JFE : Notice of Revised Financial Results Forecasts
July 31, 2018 at 02:07 am EDT
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July 31, 2018
Company Name:
JFE Holdings, Inc. (Code: 5411)
Representative:
Eiji Hayashida, President and CEO
Contact:
Hidetsugu Tawara, Manager, Public Relations Section
Investor Relations and Corporate Communications Department
Tel: +81-3-3597-3842
To whom it may concern:
Notice of Revised Financial Results Forecasts
JFE Holdings, Inc. announces herewith its consolidated financial results forecasts for fiscal 2018 (ending March 31, 2019) in response to the company's current earnings, as follows.
First half of fiscal 2018 (April 1 to September 30, 2018)
Net sales
(million yen)
Operating profit
(million yen)
Ordinary profit
(million yen)
Profit attributable to owners of parent
(million yen)
Net income per share
(yen)
Previous forecasts (A)
-
-
-
-
-
New forecasts (B)
2,020,000
117,000
135,000
95,000
164.78
Amount of change (B-A)
-
-
-
-
Change (%)
-
-
-
-
Reference: Results in first half of FY 2017
1,725,305
96,556
101,464
87,038
150.95
Fiscal 2018 (April 1, 2018 to March 31, 2019)
Net sales
(million yen)
Operating profit
(million yen)
Ordinary profit
(million yen)
Profit attributable to owners of parent
(million yen)
Net income per share
(yen)
Previous forecasts (A)
-
-
220,000
-
-
New forecasts (B)
260,000
180,000
312.22
Amount of change (B-A)
-
-
40,000
-
Change (%)
-
-
18.2
-
Reference: Results in FY 2017
3,678,612
246,669
216,339
144,638
250.86
■ Notes
As a result of strong demand for steel products, the company has now updated its forecasts.
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Disclaimer
JFE Holdings Inc. published this content on 31 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 31 July 2018 06:06:04 UTC
JFE Holdings, Inc. is a holding company organized around 3 areas of activity:
- manufacturing of steel products (63.9% of net sales): plates, profiles, tubes, rolled steel products, etc.;
- trading of steel products, nonferrous metals, chemicals, machinery and ships (24.7%);
- engineering services (11.4%): design, development and construction of infrastructures and industrial equipments for the energy, environment and iron and steel sectors.