Soda Nikka Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024
February 08, 2024 at 01:00 am EST
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Soda Nikka Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the period, the company expects net sales of JPY 63,700 million, operating profit of JPY 1,920 million, profit attributable to owners of parent of JPY 1,700 million and basic earnings per share of JPY 74.83.
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.