It has been reported that 英和 raised its full-year operating profit forecast. The backdrop is said to be the progress made in converting its backlog into revenue and the solid level of orders.
英和 raised its full-year operating profit forecast. The market response has reportedly been a rebound, attributed to the improved earnings outlook.
The backdrop is said to be progress in converting into revenue the projects held in the backlog, with the view suggested that these projects are steadily translating into sales. In addition, information has been reported indicating that orders themselves remain solid.
The revision is said to affect the full-year profit level, and some have pointed out that it could affect the assessment of the company's performance. However, the article does not specify any figures or timing.