WASH HOUSE revised its ordinary profit forecast for the current fiscal year downward to a loss, and ordinary profit turned to a loss in its cumulative third-quarter results.
As a preliminary earnings report, WASH HOUSE's cumulative third-quarter results were published, showing that ordinary profit had turned to a loss during the period. Over the short period covered, revenue fluctuated from the previous fiscal year, while both ordinary profit and net profit were in the red.
The revisions to the earnings forecasts involved substantial changes to the second-half and full-year forecasts for the current fiscal year, particularly indicating that ordinary profit and net profit were expected to turn to losses. A comparison of the old and new figures showed a large revision from the previous forecast, suggesting that the shift into losses could continue.