Fuji Heavy Industries Posts 23.6% Decline In Annual Net Profit


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Fuji Heavy Industries Ltd (OTC: FUJHY) reported a 23.6% drop in its net profit in the last fiscal year.Fuji Heavy Industries' net profit fell to Y38.45 billion for the fiscal year ended March 31, versus Y50.33 billion, in the year-ago period. Its sales declined 3.9% to Y1.520 trillion from Y1.581 trillion, while operating profit dropped Y43.96 billion from Y84.14 billion.For the current fiscal year ending March 2013, the company projects its net profit to grow by about 25% to Y48.00 billion. Sales are expected to surge 22.4% to Y1.860 trillion.Fuji Heavy Industries closed at $14.32 yesterday.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: EarningsNewsGuidanceprofit