Hodogaya Chemical Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Earnings Forecast for the Year Ending March 2020
November 07, 2019
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Hodogaya Chemical Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2019. Net sales were JPY 17,549 million compared to JPY 17,213 million a year ago. Operating profit was JPY 811 million compared to JPY 1,129 million a year ago. Ordinary profit was JPY 792 million compared to JPY 1,377 million a year ago. Profit attributable to owners of the parent was JPY 562 million compared to JPY 993 million a year ago. Net income per basic shares was JPY 71.23 compared to JPY 125.79 a year ago.
For the year ending March 31, 2020, the company expects net sales of JPY 36,000 million, operating profit of JPY 1,400 million, ordinary profit of JPY 1,400 million, Profit attributable to owners of the parent of JPY 600 million and earnings per share of JPY 75.92.
Hodogaya Chemical Co., Ltd. is engaged in the manufacture and sale of organic industrial chemicals. The Functional Pigment segment manufactures and sells charge-controlling agents for toners, organic photo conductor materials, organic electroluminescence (EL) materials and various dyes. The Functional Resin segment offers polytetramethylene-ether-glycol (PTG), urethane- and cement-based construction and civil engineering materials, as well as basic materials for general chemical industry. The Basic Chemical segment provides hydrogen peroxide and others. The Agro-science segment is engaged in the manufacture and sale of agrichemical ingredients and agents. The Others segment is engaged in the transportation and storage of its products, as well as the contracted research and development business.
Hodogaya Chemical Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Earnings Forecast for the Year Ending March 2020