Daicel Corporation Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Full Year Ending March 31, 2024
August 03, 2023 at 12:20 am EDT
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Daicel Corporation provided consolidated earnings guidance for the six months ending September 30, 2023 and full year ending March 31, 2024. For the Six months, the company expects net sales of JPY 271,000 million, operating profit of JPY 21,000 million and profit attributable to owners of parent of JPY 15,000 million or JPY 52.51 per basic share.
For the full year ending March 31, 2024, the company expects net sales of JPY 572,000 million, operating profit of JPY 53,000 million and profit attributable to owners of parent of JPY 44,000 million or JPY 154.04 per basic share.
Daicel Corporation is mainly engaged in the manufacture and sale of cellulose products, organic synthetic products, synthetic resin products, pyrotechnic products and others. The Company operates in five business segments. The Cellulose segment is engaged in the manufacture and sale of cellulose acetate, acetate tow for cigarette filters, carboxymethyl cellulose (CMC) and hydroxyethyl cellulose (HEC). The Organic Synthesis segment is engaged in the manufacture and sale of acetic acid derivatives, epoxy compounds, semiconductor resist materials and others. The Synthetic Resins segment is engaged in the manufacture and sale of polyester resins, wrapping plastics and others. The Pyrotechnic segment is engaged in the manufacture and sale of propellant powder and emergency evacuation systems for aircraft passengers, among others. The Others segment is engaged in the provision of production innovation services and other businesses.
DAICEL CORPORATION 
