ADEKA CORPORATION surges on 13% operating profit growth forecast and 8 yen dividend increase for fiscal year ending March 2027
ADEKA CORPORATION <4401> surged sharply in afternoon trading. Around 1:00 p.m. today, May 14, the company projected its operating profit for the fiscal year ending March 2027 to rise 12.5% to 46.8 billion yen. The announcement, which included a planned annual dividend of 120 yen?up 8 yen from the previous year?was well received by retail investors.
Revenue for the period is expected to increase 8.7% to 453 billion yen. ADEKA anticipates sales growth in resin additives and semiconductor materials within its core chemicals business, while its food and life science segments are also forecast to perform steadily.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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