Ishihara Chemical Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 30, 2023 and Fiscal Year Ending March 31, 2024
May 14, 2023
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Ishihara Chemical Co., Ltd. provided earnings guidance for the Six months ending September 30, 2023 and fiscal year ending March 31, 2024. For the Six months, the company expects net sales of JPY 10,200 million, operating profit of JPY 1,290 million, profit attributable to owners of parent of JPY 960 million and basic earnings per share of JPY 64.16.
For the fiscal year, the company expects net sales of JPY 21,400 million, operating profit of JPY 2,700 million, profit attributable to owners of parent of JPY 2,010 million and basic earnings per share of JPY 134.61.
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.