Harima Chemicals Group, Inc. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016
January 29, 2016 at 08:30 pm IST
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Harima Chemicals Group, Inc. announced consolidated earnings results for the nine months ended December 31, 2015. For the period, the company reported net sales of ¥61,648 million, operating income of ¥2,108 million, ordinary income of ¥3,032 million and net income of ¥1,585 million or ¥61.09 per share compared to net sales of ¥61,521 million, operating income of ¥1,024 million, ordinary income of ¥1,362 million and net income of ¥447 million or ¥17.26 per share a year ago.
The company provided earnings guidance for the year ending March 31, 2016. For the period, the company expects net sales of ¥83,000 million, operating income of ¥2,300 million, ordinary income of ¥3,400 million and net income of ¥1,500 million or ¥57.81 per share.
Harima Chemicals Group Inc is a Japan-based company mainly engaged in the resin chemical product business, the paper chemical business, the electronic material business and the rotor business. The Company operates in four business segments. The Resin Chemical Product segment is engaged in the manufacture and sale of printing ink resin, paint resin, emulsifier for synthetic rubber, resin for adhesive and tall oil product. The Paper Chemical segment is engaged in the manufacture and sale of paper strength enhancer and sizing agent. The Electronic Material segment is engaged in the manufacture and sale of soldering material and brazing material for heat exchanger. The Rotor segment is engaged in the manufacture and sale of resin for adhesive and printing ink. The Company is also involved in the management of real estate.
Harima Chemicals Group, Inc. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016
HARIMA CHEMICALS GROUP, INC. 
