Author: antjereichstein
Japan – Showa Denko Revises Forecast of Consolidated Performance
Showa Denko (SDK; TSE:4004) announces that it revises its forecast of consolidated business results for the full year ending on December 31, 2021, which was announced on August 3, 2021. 1. Revision of forecast of consolidated business results for January 1 – December 31, 2021 (1) Revised forecast of consolidated business results for January 1 – December 31, 2021https://www.acnnewswire.com/docs/Multimedia/Low_SDK202202.jpg (2) Reasons for the revision Net sales hovers around the level of the previous forecast. However, operating income is expected to slightly increase. Ordinary income is also expected to increase by about 4.5 billion yen due to an increase in foreign ... Read more