Osaka Soda Co., Ltd. Provides Consolidated Earnings Guidance for the Half Year Ending September 30, 2021 and Year Ending March 31, 2022
August 10, 2021 at 01:30 pm IST
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Osaka Soda Co., Ltd. provided consolidated earnings guidance for the half year ending September 30, 2021 and year ending March 31, 2022. For the half year ending September 30, 2021, the company expected net sales of ¥37,000 million, operating income of ¥4,000 million and net income of ¥3,200 million or ¥137.18 per basic share.
For the year ending March 31, 2022, the company expected net sales of ¥75,500 million, operating profit of ¥9,000 million and net income of ¥6,800 million or ¥291.51 per basic share.
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.