Hodogaya Chemical Co., Ltd. Announces Consolidated Earnings Results for the Three Months Ended June 30, 2019; Provides Earnings Guidance for the Year Ending March 2020
July 30, 2019
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Hodogaya Chemical Co., Ltd. announced consolidated earnings results for the three months ended June 30, 2019. Net sales were JPY 8,497 million compared to JPY 8,553 million a year ago. Operating income was JPY 472 million compared to JPY 615 million a year ago. ordinary income was JPY 486 million compared to JPY 798 million a year ago. profit attributable to owners of the pare was JPY 304 million compared to JPY 542 million a year ago. Net income per basic shares was JPY 38.56 compared to JPY 68.67 a year ago.
For the year ending March 31, 2020 the company expects net sales of JPY 38,000, operating profit of JPY 2,300, Profit attributable to owners of the parent was JPY 1,400 and earnings per share of JPY 177.18.
Hodogaya Chemical Co., Ltd. is engaged in the manufacture and sale of organic industrial chemicals. The Functional Pigment segment manufactures and sells charge-controlling agents for toners, organic photo conductor materials, organic electroluminescence (EL) materials and various dyes. The Functional Resin segment offers polytetramethylene-ether-glycol (PTG), urethane- and cement-based construction and civil engineering materials, as well as basic materials for general chemical industry. The Basic Chemical segment provides hydrogen peroxide and others. The Agro-science segment is engaged in the manufacture and sale of agrichemical ingredients and agents. The Others segment is engaged in the transportation and storage of its products, as well as the contracted research and development business.
Hodogaya Chemical Co., Ltd. Announces Consolidated Earnings Results for the Three Months Ended June 30, 2019; Provides Earnings Guidance for the Year Ending March 2020