Osaka Soda Co., Ltd. Provides Earnings Guidance for the First Half and Fiscal Year Ending March 31, 2021
August 11, 2020 at 04:00 am
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Osaka Soda Co., Ltd. provided earnings guidance for the first half and fiscal year ending March 31, 2021. For the first half, the company expects net sales of JPY 46,000 million, operating income of JPY 3,300 million and net income of JPY 2,400 million or JPY 101.14 per share.
For the year, the company expects net sales of JPY 96,000 million, operating income of JPY 3,300 million and net income of JPY 5,700 million or JPY 240.22 per share.
OSAKA SODA CO., LTD. is a Japan-based chemical manufacturer that has three business segments. The Basic Chemical Product segment manufactures and sells caustic soda, hydrochloric acid, liquid chlorine, chlorine gas, sodium hypochlorite, sodium chlorite soda, caustic potash, hydrogen gas, epichlorohydrin, allyl chloride and others. The Functional Chemical Product segment manufactures and sells allyl ethers, epichlorohydrin rubber, dap resin, modifiers for energy saving tires, purified pharmaceutical materials, optical active materials, pharmaceutical active ingredients, intermediates, electrodes and lens materials, among others. The Housing Facility and Others segment is engaged in the provision of duping materials, housing related products.