KH Neochem Co., Ltd. Revises Consolidated Financial Forecasts for the Year Ending December 31, 2023
July 28, 2023 at 02:20 am
Share
KH Neochem Co., Ltd. revised consolidated financial forecasts for the year ending December 31, 2023. For the year, the company expects net sales of JPY 118,400 million compared to previous guidance of JPY 129,800 million, operating income of JPY 13,000 million compared to previous guidance of JPY 15,000 million, net income attributable to owners of the parent of JPY 8,900 million compared to previous guidance of JPY 10,200 million and earnings per share of JPY 240.20 compared to previous guidance of JPY 275.20.
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. 
