Soda Nikka Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Fiscal Year Ended March 31, 2021
May 10, 2021 at 01:20 am EDT
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Soda Nikka Co., Ltd. reported consolidated and non-consolidated earnings results for the fiscal year ended March 31, 2021. For the period, on consolidated basis, the company reported net sales of JPY 94,586 million against JPY 99,749 million a year ago. Operating profit was JPY 781 million against JPY 1,030 million a year ago. Profit attributable to owners of parent was JPY 800 million against JPY 840 million a year ago. Basic earnings per share was JPY 32.04 against JPY 33.67 a year ago.
For the period, on non-consolidated basis, the company reported net sales of JPY 92,143 million against JPY 97,476 million a year ago. Operating profit was JPY 777 million against JPY 1,050 million a year ago. Profit was JPY 809 million against JPY 683 million a year ago. Basic earnings per share was JPY 32.38 against JPY 27.38 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.