KH Neochem Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2023; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2023
February 07, 2023 at 01:00 am EST
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KH Neochem Co., Ltd. provided consolidated earnings guidance for the year ending December 31, 2023. For the six months ending June 30, 2023, the company expects net sales of JPY 61,400 million, operating income of JPY 5,400 million, net income attributable to owners of parent of JPY 3,600 million or JPY 97.13 per share.
For the year ending December 31, 2023, the company expects net sales of JPY 129,800 million, operating income of JPY 15,000 million, net income attributable to owners of parent of JPY 10,200 million or JPY 275.20 per 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. Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2023; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2023
KH NEOCHEM CO., LTD. 
