Soda Nikka Co., Ltd. Reports Consolidated Earnings Results for the Three Months Ended June 30, 2021
August 11, 2021 at 02:00 am EDT
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Soda Nikka Co., Ltd. reported consolidated earnings results for the three months ended June 30, 2021. For the period, on consolidated basis, the company reported net sales of JPY 12,663 million against JPY 22,525 million a year ago. Operating profit was JPY 248 million against JPY 236 million a year ago. Profit attributable to owners of parent was JPY 277 million against JPY 263 million a year ago. Basic earnings per share was JPY 11.14 against JPY 10.57 a year ago.
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.