Oda Nikka Co., Ltd. Provides Consolidated Earnings Guidance for the Second Quarter and Fiscal Year Ending March 31, 2024
May 10, 2023 at 01:20 am EDT
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Soda Nikka Co., Ltd. provided consolidated earnings guidance for the second quarter and fiscal year ending March 31, 2024. For the quarter, the company expects net sales to be JPY 32,500 million, operating profit to be JPY 890 million, profit attributable to owners of parent to be JPY 800 million and basic earnings per share to be JPY 34.85.
For the year, the company expects net sales to be JPY 65,300 million, operating profit to be JPY 1,850 million, profit attributable to owners of parent to be JPY 1,600 million and basic earnings per share to be JPY 69.69.
SODA NIKKA CO., LTD. is a Japan-based company mainly engaged in inorganic chemicals, organic chemicals and synthetic resins trading business. The Company operates through three business segments. Chemicals business sells soda products, secondary soda products, ammonia-based products, other inorganic chemicals, chlorine-based, fluorine-based, and petroleum-based solvents, petrochemicals, and organic fine chemicals to the markets of chemistry, paper pulp, food and detergents, and government agencies. Functional Materials business sells synthetic resin raw materials, synthetic resin products, glass fibers, packaging material products, construction, equipment, electronic materials, industrial materials, and resource recycling and processing agents to markets of food, resin processing, and electronics. Other business is engaged in the real estate leasing, warehousing and transportation, processing and sales of packaging materials, and consulting services.
SODA NIKKA CO., LTD. 
