Sekisui Chemical Co., Ltd. Provides Earnings Guidance for the First Half of Fiscal 2024 and Year Ended March 31, 2024
July 28, 2023 at 02:00 am EDT
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Sekisui Chemical Co., Ltd. provided earnings guidance for the first half of fiscal 2024 and year ended March 31, 2024. For the first half March 31, 2024, the company expected net sales of JPY 611,500 million, Operating profit of JPY 42,200 million, Profit attributable to owners of parent of JPY 39,500 million or JPY 92.89 per share.
For the full year March 31, 2024, the company expected net sales of JPY 1,293,500 million, Operating profit of JPY 100,000 million, Profit attributable to owners of parent of JPY 75,000 million or JPY 176.37 per share.
Sekisui Chemical Co., Ltd. is a company that operates in four business segments .The Housing segment is engaged in the manufacture, construction, sale and renovation of unit housing, the sale of land for subdivision, the provision of reform services, as well as the construction and sale of interior items, exterior items and real estate. The Environment and Life Line segment offers vinyl chloride pipe and fittings, polyethylene pipe and fittings, system pipe, aqueduct/water conduit rehabilitation materials, reinforced plastic composite pipes, and building materials, among others. The High-performance Plastics segment offers intermediate films for laminated glass, foamed polyolefin, tapes, particulate for liquid crystal and sensitive materials and test drug, among others. The Others segment is engaged in the manufacture and sale of film type lithium ion battery, as well as the provision of other products and services.