Author: salbachmeier517

Japan – Showa Denko Revises Forecast of Consolidated Performance and Records Extraordinary Loss

Showa Denko (SDK; TSE:4004) announces that it revises its forecast of consolidated business results for the first half of the year ending on December 31, 2021 and that for the full year ending on December 31, 2021, both of which were announced on July 8, 2021. SDK also announces that it will record extraordinary loss. 1. Revision of forecast of consolidated business results for January 1 – June 30, 2021 (1) Revised forecast of consolidated business results for January 1 – June 30, 2021 Please see www.sdk.co.jp/assets/files/english/news/2021/20210803_sdknewsrelease_e.pdf (2) Reasons for the revision Net sales hovers around the level of the ... Read more