KH Neochem Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2022 and Year Ending December 31, 2022
February 07, 2022 at 01:00 am EST
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KH Neochem Co., Ltd. provided consolidated earnings guidance for the six months ending June 30, 2022 and year ending December 31, 2022. For the six months ending June 30, 2022, the company expected net sales of JPY 57,600 million, operating income of JPY 6,800 million, net income attributable to owners of parent of JPY 4,900 million or JPY 132.07 per basic share.
For the year, the company expected net sales of JPY 123,300 million, operating income of JPY 16,100 million, net income attributable to owners of parent of JPY 11,500 million or JPY 309.97 per basic share.
KH Neochem Co Ltd is a Japan-based company engaged in the manufacture and sale of petrochemicals. The Company's business is divided into three business units. The basic chemical businessâs main products include butyl alcohols, octyl alcohols and butyl acetates. The business is involved in the provision for the manufacture of paints, inks, commodity resins, plasticizers, detergents and others. The performance material businessâs main products include isononanoic acids and octylic acids, among others. The business is involved in the provision of raw materials for surfactants, water-based paints, cosmetics, pesticides, as well as pharmaceutical products. The electronic material businessâs main products include propylene glycol methyl ether-pure (PM-P) and propylene glycol methyl ether acetate-pure (PMA-P). The business is involved in the provision for semiconductors, display materials and optical materials, among others.
KH NEOCHEM CO., LTD. 
