Ishihara Chemical Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months and Full Year of Fiscal Ending March 31, 2024
July 31, 2023 at 10:30 am IST
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Ishihara Chemical Co., Ltd. provided consolidated earnings guidance for the six months and full year of fiscal ending March 31, 2024. For the six months ending September 30, 2023, The company expects net sales to be JPY 10,200 million, Operating profit to be JPY 1,290 million, profit attributable to owners of parent to be JPY 960 million or JPY 64.12 per basic share.
For the Full year, The company expects net sales to be JPY 21,400 million, Operating profit to be JPY 2,700 million, profit attributable to owners of parent to be JPY 2,010 million or JPY 134.47 per basic share.
ISHIHARA CHEMICAL CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of plating chemicals and equipment, electronic materials, automotive chemicals products and industrial chemicals. The Company operates through four business segments. The Plating Chemicals and Equipment segment is mainly engaged in the manufacture and sale of tin and tin alloy plating additives, as well as automatic control equipment for conversion treatment solutions. The Electronic Materials segment is mainly engaged in the processing and sale of machinable ceramics and engineering plastics, as well as the sale of carbon fiber reinforced plastics. The Automotive Chemicals segment is mainly engaged in the manufacture and sale of chemical products for automobiles and anti-spatter agents for welding. The Industrial Chemicals segment is mainly engaged in the purchase and sale of industrial chemicals.