Kawaguchi Chemical Industries <4361> is up significantly. The company announced its interim results the previous day, with operating profit increasing by 29.5% year-on-year to 0.2 billion yen, and net profit rising by 59.7% to 0.19 billion yen. The previous financial estimates were 0.14 billion yen and 0.09 billion yen, respectively. The sales of rubber chemicals have been strong due to the recovery of automobile production, while actively acquiring generic and special chemicals demand from overseas through yen depreciation has contributed to the business performance. In addition, a special profit on the sale of JSR shares has been booked, although it has already been priced in.
川口化---大幅続伸、上半期決算の上振れ着地を好感
Chigasaki Chemical Industries' stock continued to rise significantly and was well-received for exceeding expectations in the first half financial results.
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