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SKLKY Shinsei Bk Sp Adr (PK)

2.84
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Shinsei Bk Sp Adr (PK) USOTC:SKLKY OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.84 2.84 3.21 0.00 01:00:00

CORRECT: Shinsei Bank Raises Fiscal Year 2012 Net Profit Forecast To Y51 Billion

01/10/2010 2:46am

Dow Jones News


Shinsei Bk Sp Adr (PK) (USOTC:SKLKY)
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Shinsei Bank Ltd. (8303.TO) said Tuesday it raised its net profit outlook in the fiscal year ending March 2013 to Y51 billion from its previous forecast of Y32 billion, by accelerating cost-cutting.

The Tokyo lender, about 28.8%-owned by U.S. investment firm J.C. Flowers & Co., said expenses are expected to decrease an additional Y12 billion to Y140 billion from the earlier forecast of Y152 billion.

Shinsei expects total revenue of Y258 billion for the fiscal year ending March 2013.

-By Atsuko Fukase, Dow Jones Newswires; 813-6269-2792; atsuko.fukase@dowjones.com

 
 

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