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JAPAN PURE CHEMICAL surges in afternoon trading on 6% operating profit growth forecast and 30 yen dividend increase for fiscal year ending March 2027
JAPAN PURE CHEMICAL CO.,LTD. <4973> surged in afternoon trading. The company announced its full-year standalone earnings forecast for the fiscal year ending March 2027 at around 2:00 p.m. today. The market responded positively to its projected operating profit of 610 million yen, up 5.8% year-on-year, and its annual dividend plan of 230 yen, an increase of 30 yen from the previous year.
JAPAN PURE CHEMICAL expects sales of 24 billion yen, up 32.8% year-on-year. The company anticipates growth in sales of plating chemicals for printed circuit boards and semiconductor package substrates, driven by the expansion of AI servers and data centers.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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