Nippon Denko Co., Ltd. Announces Consolidated Earnings Results for the First Half Year Ended June 2012; Provides Earnings Guidance for the Second Half and Year Ended December 2012
February 25, 2013 at 03:59 pm
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Nippon Denko Co., Ltd. announced consolidated earnings results for the first half year ended June 2012. For the period, the company reported net sales of JPY 30,269 million compared to JPY 35,474 million a year ago. Operating profit was JPY 2,329 million compared to JPY 4,880 million a year ago. Ordinary profit was JPY 2,325 million compared to JPY 4,994 million a year ago. Net income was JPY 1,136 million compared to JPY 2,634 million a year ago.
For the second half year ended December 2012, the company expects net sales of JPY 32,698 million, operating profit of JPY 2,273 million, ordinary profit of JPY 2,235 million and net income of JPY 856 million.
For the year ended December 2012, the company expects net sales of JPY 62,967 million, operating profit of JPY 4,602 million, ordinary profit of JPY 4,560 million, net income of JPY 1,992 million, ROE of 3.6%, ROA of 6.3% and free cash flow of JPY 2,700 million.
Nippon Denko Co., Ltd. is mainly engaged in the manufacture of ferro-alloy products, functional materials and environmental systems. The Company operates in four segments. The Ferro-alloy segment manufactures and sells ferromanganese, silicon manganese, ferrochromium, ferrosilicon, ferrovanadium and other special metal products, as well as the sale of manganese ore. The Functional Materials segment offers ferro-boron, chromium metals, zirconium oxide and lithium-ion secondary battery materials, among others. The Environmental System segment is involved in the collection of chromium acid, boric acid, nickel and others, and the water supply business. The Others segment is involved in the sale of industrial chemicals, metal products and precious metal compounds, the manufacture and sale of analyzers and aluminum electrode foils for the steel industry, and electrode foils, the processing and sale of plastic, and the recycling and sale of concrete wastes.
Nippon Denko Co., Ltd. Announces Consolidated Earnings Results for the First Half Year Ended June 2012; Provides Earnings Guidance for the Second Half and Year Ended December 2012