Harima Chemicals Group, Inc. Provides Consolidated Earnings Guidance for the Second Quarter and Fiscal Year Ending March 31, 2024
April 28, 2023 at 05:00 am
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Harima Chemicals Group, Inc. provided consolidated earnings guidance for the second quarter and fiscal year ending March 31, 2024. For the quarter, the company net sales to be JPY 51,900 million, operating income to be JPY 750 million, net income attributable to the company to be JPY 650 million and net income per share to be JPY 26.86.
For the fiscal year, the company net sales to be JPY 105,500 million, operating income to be JPY 2,000 million, net income attributable to the company to be JPY 1,700 million and net income per share to be JPY 70.24.
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.