ホーブ revised its ordinary profit forecast for the previous fiscal year downward into the red and lowered its forecasts for current fiscal year revenue and net profit. The differences between the old and new earnings forecasts have been disclosed.
In an earnings flash report, ホーブ revised its ordinary profit forecast for the previous fiscal year downward, changing it from a profit to a loss. The previous forecast for ordinary profit was 27, while the new forecast is -18, representing a swing to a loss.
The current fiscal year's earnings forecasts were also revised downward. Revenue was revised from the previous forecast of 2482 to the new forecast of 2372, while net profit was revised from 18 to -27.
The earnings forecast for the second half of the current fiscal year was also revised downward, with the full-year outlook indicating that each metric is expected to swing to a loss. The announcement date is 26/08/06.