KH Neochem Co., Ltd. Revises Consolidated Earnings Guidance for the Year Ending December 31, 2022
October 27, 2022 at 07:00 am
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KH Neochem Co., Ltd. revised consolidated earnings guidance for the year ending December 31, 2022. For the year, the company expects net sales of ¥116,000 million compared to previous guidance of ¥123,300 million, operating income of ¥13,000 million compared to previous guidance of ¥16,100 million, net income attributable to owners of parent of ¥8,300 million and basic earnings per share of ¥223.85 compared to previous guidance of ¥11,500 million and basic earnings per share of ¥310.15.
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. 
