After the market close on 12 November, MURO CORPORATION revised down its current-year ordinary profit forecast from the previous ¥1.72 billion to ¥1.4 billion. The previous-period result was ¥1.2 billion, and the expected rate of profit growth is set to narrow.
MURO CORPORATION announced an earnings revision after the market close on 12 November. It revised down its forecast for consolidated current-year ordinary profit from the previous ¥1.72 billion to ¥1.4 billion. Although it continues to expect profit growth from the previous period's ¥1.2 billion, the growth rate is expected to narrow.
It also revised down its forecast for consolidated ordinary profit for the April-September period, the first half, from the previous ¥930 million to ¥710 million. Although it continues to project profit growth from ¥280 million in the same period of the previous year, the growth rate is expected to narrow.