Ishihara Chemical Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and Year Ending March 31, 2023
August 01, 2022 at 12:00 am EDT
Share
Ishihara Chemical Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2022 and year ending March 31, 2023. For the six months, the company expects net sales of ¥10,000 million, operating profit of ¥1,320 million, profit of ¥1,060 million or ¥67.66 per share.
For the year, the company expects net sales of ¥20,600 million, operating profit of ¥2,580 million, profit of ¥2,100 million or ¥134.04 per share.
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.