Nippon Shokubai Co., Ltd. (JP:4114) has released an update.
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Nippon Shokubai Co., Ltd. reported a 7.9% increase in revenue for the first quarter of FY2024 compared to the previous year, despite a downturn in operating profit by 22.8%. The company’s profit attributable to owners of the parent saw a slight uptick of 1.2%, with a total comprehensive income decrease of 9.1%. Looking ahead, the company has made revisions to its full-year financial forecasts, anticipating growth in revenue, operating profit, and profit attributable to owners of the parent.
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