Honshu Chemical Industry Co., Ltd. Announces Consolidated Earnings Results for the Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2020; Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2020
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.