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En-Japan upgrades estimates

According to the amended results, En-Japan’s performance surpassed prior expectations.

The company had said revenue for the first half of 2013 would be &pound46.1m or JPY 7.27 billion, they believe this will now be &pound47.4m or JPY 7.49 billion. Likewise the company has revised its operating profit which is now expected to be &pound10.2 or JPY 1.62 billion an increase of 43.4% compared with the previously anticipated &pound7.1m or JPY 1.13 billion.

En-Japan now expects a pre-tax profit of &pound11.6m or JPY 1.83 billion, an increase of 53.8% compared with the predicted &pound7.5m or JPY 1.19 billion. Net profit for the period has now been forecast to reach &pound14.6m or JPY 2.32 billion compared with &pound12.2m or JPY 1.93 billion, equating to an increase of 20.2%.

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