Honshu Chemical Industry Co., Ltd. announced consolidated earnings results for the quarter ended June 30, 2019. For the quarter, the company announced net sales of JPY 5,190 against JPY 5,454 million a year ago. Operating income was JPY 724 million against JPY 1,110 million a year ago. Net income attributable to owners of parent was JPY 417 million or JPY 36.41 per basic share against JPY 752 million or JPY 65.53 per diluted share a year ago.

For the second quarter, the company expects dividend of JPY 12.00 per share against JPY 10.00 paid a year ago.

For the year ending March 31, 2020, the company expects dividend of JPY 20.00 per share against JPY 18.00 paid a year ago.

The company provided consolidated earnings guidance for the full year ending March 31, 2020. For the full year, the company expects to report net sales of JPY 23,000 million, operating profit of JPY 3,400 million and profit attributable to owners of parent of JPY 1,800 million or JPY 156.84 per share.