KH Neochem Co., Ltd. Reports Consolidated Earnings Results for the Quarter Ended March 31, 2021
May 11, 2021 at 11:30 am IST
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KH Neochem Co., Ltd. reported consolidated earnings results for the quarter ended March 31, 2021. For the period, the company reported net sales of JPY 23,853 million against JPY 21,026 million a year ago. Operating income was JPY 3,168 million against JPY 2,028 million a year ago. Net income attributable to owners of parent was JPY 2,301 million against JPY 1,403 million a year ago. Basic earnings per share was JPY 62.00 against JPY 37.89 a year ago.
KH Neochem Co Ltd is a Japan-based company engaged in the manufacture and sale of petrochemicals. The Company's business is divided into three business units. The basic chemical businessâs main products include butyl alcohols, octyl alcohols and butyl acetates. The business is involved in the provision for the manufacture of paints, inks, commodity resins, plasticizers, detergents and others. The performance material businessâs main products include isononanoic acids and octylic acids, among others. The business is involved in the provision of raw materials for surfactants, water-based paints, cosmetics, pesticides, as well as pharmaceutical products. The electronic material businessâs main products include propylene glycol methyl ether-pure (PM-P) and propylene glycol methyl ether acetate-pure (PMA-P). The business is involved in the provision for semiconductors, display materials and optical materials, among others.