Soda Nikka Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Year Ending March 31, 2024
August 03, 2023 at 02:00 am EDT
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Soda Nikka Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2023 and year ending March 31, 2024. For the six months ending September 30, 2023, the company expects net sales of JPY 32,500 million, operating profit of JPY 890 million and profit attributable to owners of the parent of JPY 800 million or JPY 34.85 per share.
For the year ending March 31, 2024, the company expects net sales of JPY 65,300 million, operating profit of JPY 1,850 million and profit attributable to owners of the parent of JPY 1,600 million or JPY 69.69 per share.
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. 
