Fujikura Kasei Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2020
November 07, 2019
Share
Fujikura Kasei Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2019. For the six months, the company reported net sales of JPY 28,096 million compared to JPY 28,259 million a year ago. Operating profit was JPY 1,108 million compared to JPY 1,601 million a year ago. Earnings per share was JPY 26.78 compared to JPY 34.27 a year ago. Ordinary profit was JPY 1,260 million compared to JPY 1,724 million a year ago. Profit for the period was JPY 1,232,270,000 compared to 895,264,000 a year ago.
For the full year Ending March 31, 2020, the company expects net sales to be of JPY 55,000 million. Operating profit expected to be of JPY 2,300 million. Profit attributable to owners of parent expected to be of JPY 1,700 million. Earnings per share to be JPY 53.41. Ordinary profit to be JPY 2,500 million.
FUJIKURA KASEI CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of coatings, paints for buildings, electronic materials, functional materials, chemical products, synthetic resins and other derivative products of acrylic resins. The Company operates in five business segments. The Coating segment offers coating materials that are used in plastics. The Paint segment produces coating materials for construction purpose. The Electronic Materials segment produces conductive resin paints and conductive adhesives. The Chemical Product segment produces binder resins for toners, viscous and adhesive base resins, and other functional resin bases. The Synthetic Resin segment purchases raw materials and processed products of acrylic resin.
Fujikura Kasei Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2020