Mitsubishi Gas Chemical Company, Inc. Provides Consolidated Earnings Guidance for the Six Months and Full Year of Fiscal 2022; Provides Non Consolidated Earnings Guidance for the Year Ending March 31, 2022
May 11, 2021 at 01:00 am EDT
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Mitsubishi Gas Chemical Company, Inc. provided consolidated earnings guidance for the six months and full year of fiscal 2022. For the six months ending September 30, 2021, the company expects net sales of JPY 310,000 million, operating profit of JPY 22,000 million, profit attributable to owners of parent of JPY 19,000 million and basic earnings per share of JPY 91.34.
For the year ending March 31, 2022, the company expects net sales of JPY 640,000 million, operating profit of JPY 48,000 million, profit attributable to owners of parent of JPY 41,000 million and basic earnings per share of JPY 197.10.
The company also provided non consolidated earnings guidance for the year ending March 31, 2022. For the year, the company expects net sales of JPY 380,000 million, operating profit of JPY 25,000 million, profit of JPY 28,000 million and basic earnings per share of JPY 134.61.
MITSUBISHI GAS CHEMICAL COMPANY, INC. is a Japan-based chemical company. The Company operates in five business segments. The Natural Gas-related Chemicals segment manufactures and sells methanol, ammonia, amine products, methacrylic acid products, multiple alcohol, enzyme and crude. The Aromatic-related Chemicals segment manufactures and sells xylene isomer and xylene derivatives. The Functional Chemicals segment manufactures and sells industrial inorganic chemicals, electronic chemicals and engineering plastics. The Specialty Functional Materials segment manufactures and sells materials for printed circuit boards (PCBs), printed boards and deacidification agents. The Others segment is engaged in the real estate business.
Mitsubishi Gas Chemical Company, Inc. Provides Consolidated Earnings Guidance for the Six Months and Full Year of Fiscal 2022; Provides Non Consolidated Earnings Guidance for the Year Ending March 31, 2022