MINATO (dpa-AFX) - All Nippon Airways (ALNPY.PK, ALNPF.PK, ANA.L) revised its full financial year consolidated performance forecast and dividend forecast.
The company now expects fiscal 2011 consolidated net income of 28 billion yen or 11.15 yen per share, compared to earlier forecast of 20 billion yen or 7.96 yen per share. Operating revenues are now anticipated to be 1.41 trillion yen versus previous outlook of 1.4 trillion yen.
Operating revenues have increased by approximately 11 billion yen due to strong demand in tourism and other factors, in spite of sluggish business demand for air transport on domestic routes, the company noted.
The dividend forecast for the current period was previously announced to be 2 yen per share. However, the net income forecast for the current period exceeds that of the initial forecast. For this reason, All Nippon Airways revised its dividend forecast to 4 yen per share.
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