Kanto Denka Kogyo Co., Ltd. (JP:4047) has released an update.
Kanto Denka Kogyo Co., Ltd. has announced an upward revision of its earnings forecast for H1 FY2025, following better-than-expected performance in specialty gases for semiconductors and a decrease in inventory valuation losses. The updated forecast predicts significant increases in operating profit, ordinary profit, and profit attributable to owners, with a notable jump in basic earnings per share from 5.22 yen to 16.54 yen. While H1 results are promising, the company maintains its full-year forecast as it evaluates the second half prospects for battery materials.
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