日タングス revised upward its earnings forecast for the second quarter, raising operating profit to ¥1.50 billion from ¥380 million. In the first quarter, the company was proceeding with product price revisions in response to rising raw material prices.
日タングス was reported to have revised upward its earnings forecast for the second quarter. The stock was indicated at the limit-up price, drawing increased attention from investors.
The company was said to have revised its operating profit forecast to ¥1.50 billion from ¥380 million, raising its current outlook.
For the first quarter, the company explained that it was proceeding with product price revisions in response to a sharp surge in raw material prices stemming from tighter Chinese export controls.
The report was last updated at 11:48 on 6 August and was carried by Fisco.