Osaka Soda Co., Ltd. Provides Consolidated Earnings Guidance for the First Half Year and Full Year Ending March 31, 2024
August 08, 2023 at 04:00 am EDT
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Osaka Soda Co., Ltd. provided consolidated earnings guidance for the first half year and full year ending March 31, 2024. For the first half, the company expects net sales to be JPY 51,000 million, operating profit to be JPY 3,600 million, profit attributable to owners of the parent to be JPY 2,800 million, basic earnings per share to be JPY 110.06.
For the full year, the company expects net sales to be JPY 105,000 million, operating profit to be JPY 10,000 million, profit attributable to owners of the parent to be JPY 7,500 million, basic earnings per share to be JPY 294.81.
OSAKA SODA CO., LTD. is a Japan-based chemical manufacturer that has three business segments. The Basic Chemical Product segment manufactures and sells caustic soda, hydrochloric acid, liquid chlorine, chlorine gas, sodium hypochlorite, sodium chlorite soda, caustic potash, hydrogen gas, epichlorohydrin, allyl chloride and others. The Functional Chemical Product segment manufactures and sells allyl ethers, epichlorohydrin rubber, dap resin, modifiers for energy saving tires, purified pharmaceutical materials, optical active materials, pharmaceutical active ingredients, intermediates, electrodes and lens materials, among others. The Housing Facility and Others segment is engaged in the provision of duping materials, housing related products.