Sekisui Kasei Swings to H1 Attributable Net Income; Net Sales Down

MT Newswires Live10-30

Sekisui Kasei (TYO:4228) posted 2.65 billion yen in net income attributable to owners for the six months ended Sept. 30, compared with a loss of 3.47 billion yen a year ago.

EPS was 58.11 yen, compared with a loss per share of 76.16 yen a year earlier, according to a Tokyo Stock Exchange filing on Friday.

For the period, net sales were 52.76 billion yen versus 65.72 billion yen previously, the chemicals company said.

The company declared a second quarter-end dividend of 8 yen, with payments starting Dec. 4.

For the fiscal year ending March 31, 2027, the company expects attributable profit of 3.7 billion yen, EPS of 81 yen, and net sales of 105 billion yen. It plans to pay a year-end dividend of 17 yen for the current year.

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