Soda Nikka Co., Ltd. Reports Earnings Results for the Nine Months Ended December 31, 2023
February 08, 2024 at 01:00 am EST
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Soda Nikka Co., Ltd. reported earnings results for the nine months ended December 31, 2023. For the nine months, the company reported sales was JPY 48,850 million compared to JPY 46,777 million a year ago. Net income was JPY 1,531 million compared to JPY 1,325 million a year ago.
Basic earnings per share from continuing operations was JPY 67 compared to JPY 58.41 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.
SODA NIKKA CO., LTD. 
