神島化学工業 expects full-year ordinary profit for the current fiscal year to decline to ¥2.3 billion, down 10.3% from the previous fiscal year. The company plans to pay dividends of ¥26 for both the first and second halves, bringing the annual dividend to ¥52.
According to the earnings summary, for the latest cumulative first quarter (May-July), the company posted revenue of ¥6,983 million, operating profit of ¥649 million, ordinary profit of ¥633 million, and net profit of ¥453 million, with adjusted earnings per share of ¥50.1. All metrics showed significant year-on-year growth.
The full-year earnings forecast for the current fiscal year calls for ordinary profit of ¥2.3 billion, down 10.3% from the previous fiscal year. The company also expects first-half ordinary profit of ¥1.1 billion, down 4.8% year on year.
The company also plans to pay dividends of ¥26 for both the first and second halves of the current fiscal year, bringing the annual dividend to ¥52, an increase of ¥3 from the previous fiscal year.
The profit margin on revenue for the May-July quarter improved to 9.5% from 7.6% a year earlier, drawing attention to the company’s future performance.