Asia
Tokyo Ohka Kogyo's Profit Surges 56% in Q1
Tokyo Ohka Kogyo's (TYO:4186) profit attributable to owners of the parent jumped 56% to 11.7 billion yen in the first quarter from 7.53 billion yen a year earlier.The chemical manufacturer's earnings per share increased to 97.74 yen from 62.84 yen a year ago, according to a Tokyo bourse filing on Monday.Net sales jumped 24% to 67.1 billion yen for the three months ended March 31 from 54.3 billion yen in the prior-year period.For the full year, the company expects attributable profit of 35 billion yen, basic EPS of 291.62 yen, and net sales of 261 billion yen.Tokyo Ohka Kogyo plans to pay interim and year-end dividends of 40 yen per share each for the year, higher than the amount paid in the prior fiscal year.
TYO:4186
