Japan's Eco's hits 1-1/2-month high on earnings outlook hike

Eco's

06/04/2018 05:51

** Shares of Eco's Co Ltd  7520.T  rise as much as 7.9 pct
to 1,326 yen, their highest since Feb 22
    ** The supermarket chain operator revised its net profit
estimate for the year that ended on Feb. 28 to 2.08 bln yen
($19.37 mln) from previous guidance of 1.60 bln yen  nXB151I069 
    ** The company cites lower-than-expected costs, fall in
interest payment, and gains on sales of securities as factors
that contributed to the improvement
    
($1 = 107.4100 yen)]
    
    (Reuters
Messaging:hideyuki.sano.thomsonreuters.com@reuters.net)