Foster Electric Co Ltd (6794.T)
Latest Key Developments (Source: Significant Developments)
Foster Electric Co Ltd:Says its Chongzuo-based (Guangxi province) plant which has been engaged in manufacture of headphone and headset parts, to be closed down and to be transferred to Nanning-based plant, in September.Says its Mekong-based (Vietnam) plant which has been engaged in manufacture of headphone and headset products, to be closed down and to be transferred to Da Nang-based plant, in June. Full Article
Foster Electric Co Ltd:Says the company increased the consolidated full-year outlook for revenue to 190,900 mln yen from 190,000 mln yen, for the fiscal year ended March 31, 2016.Operating profit forecast increased to 10,300 mln yen from 10,000 mln yen.Ordinary profit forecast increased to 10,800 mln yen from 10,000 mln yen.Net profit forecast increased to 6,800 mln yen from 5,000 mln yen.Earnings per share increased to 254.17 yen from 186.89 yen.FY 2016 revenues of 195.03 billion yen, net income of 6.59 billion yen – Thomson Reuters I/B/E/S. Full Article
TOKYO, Oct 30 Japan's Nikkei share average edged down in choppy trade on Monday morning as falls in financials countered gains in Apple suppliers after shares in the iPhone maker soared on Friday.