SMK Corporation Announces Consolidated Earnings Results for the First Half of Fiscal Year 2016; Revises Earnings Guidance for the Full Year 2016; Provides Earnings Guidance for the Second Half of Fiscal Year 2016
For the second half of fiscal year 2016, the company expects net sales of ¥33,992 million, operating profit of ¥1,853 million, ordinary profit of ¥2,153 million and net profit of ¥2,179 million.
For the full year 2016, the company revised net sales forecast from ¥76,000 million to ¥65,700 million, operating profit from ¥3,100 million to ¥2,600 million, ordinary profit forecast from ¥3,300 million to ¥1,300 million and net profit from ¥2,300 million to ¥1,100 million.