KH Neochem Co., Ltd. Provides Consolidated Earnings Guidance for the Full Year of Fiscal Ending December 31, 2023
August 04, 2023 at 02:00 am EDT
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KH Neochem Co., Ltd. provided consolidated earnings guidance for the full year of fiscal ending December 31, 2023. For the full year, The company expects net sales to be JPY 118,400 million, Operating profit to be JPY 13,000 million, net income attributable to owners of parent to be JPY 8,900 million or JPY 240.20 per basic share.
KH Neochem Co Ltd is a Japan-based company engaged in the manufacture and sale of petrochemicals. The Company's business is divided into three business units. The basic chemical businessâs main products include butyl alcohols, octyl alcohols and butyl acetates. The business is involved in the provision for the manufacture of paints, inks, commodity resins, plasticizers, detergents and others. The performance material businessâs main products include isononanoic acids and octylic acids, among others. The business is involved in the provision of raw materials for surfactants, water-based paints, cosmetics, pesticides, as well as pharmaceutical products. The electronic material businessâs main products include propylene glycol methyl ether-pure (PM-P) and propylene glycol methyl ether acetate-pure (PMA-P). The business is involved in the provision for semiconductors, display materials and optical materials, among others.