KH Neochem Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months and Full Year of Fiscal Ending December 31, 2023
May 09, 2023 at 07:00 am
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KH Neochem Co., Ltd. provided consolidated earnings guidance for the six months and full year of fiscal ending December 31, 2023. For the six months ending June 30, 2023, The company expects net sales to be JPY 61,400 million, Operating income to be JPY 5,400 million, net income attributable to owners of parent to be JPY 3,600 million or JPY 97.13 per basic share.
For the full year, The company expects net sales to be JPY 129,800 million, Operating profit to be JPY 15,000 million, net income attributable to owners of parent to be JPY 10,200 million or JPY 275.20 per basic share.
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.
KH NEOCHEM CO., LTD. 
