Osaka Soda Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of the Fiscal Year Ending March 31, 2023
May 12, 2022 at 02:00 am EDT
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Osaka Soda Co., Ltd. provided consolidated earnings guidance for the first half and full year of the fiscal year ending March 31, 2023. For the first half, the company expects net sales to be JPY 47,000 million. Operating profit to be JPY 6,500 million. Profit attributable to owners of parent to be JPY 4,800 million. Basic earnings per share to be JPY 205.72.
For the full year, the company expects net sales to be JPY 94,000 million. Operating profit to be JPY 13,000 million. Profit attributable to owners of parent to be JPY 9,500 million. Basic earnings per share to be JPY 407.16.
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.