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Resonac Holdings Revises Upward Annual Financial Forecast
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Resonac Holdings Revises Upward Annual Financial Forecast

Showa Denko KK (JP:4004) has released an update.

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Resonac Holdings Corporation has reported discrepancies between its previously forecasted and actual financial results for the first half of 2024, leading to a revised upward forecast for the entire fiscal year ending December 31, 2024. Strong demand in the Semiconductor and Electronic Materials segment drove higher than expected operating and ordinary income. Consequently, the company has updated its projections for net sales, operating income, ordinary income, and net income attributable to owners of the parent for the year.

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