Soda Nikka Co., Ltd. Provides Earnings Guidance for the Second Quarter and Full Year Ending March 31, 2023
May 10, 2022 at 01:20 am EDT
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Soda Nikka Co., Ltd. provided earnings guidance for the second quarter and full year ending March 31, 2023. For the quarter, company expects net sales to be JPY 28,200 million, Operating profit to be JPY 610 million and basic earnings per share to be JPY 21.62.
For the Year, company expects net sales to be JPY 58,800 million, operating profit to be JPY 1,430 million and basic earnings per share is 52.94.
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. 