Key Developments: Kurita Water Industries Ltd (6370.T)
23 Jan 2015
Latest Key Developments (Source: Significant Developments)
Kurita Water Industries Ltd:Wholly owned subsidiary Kurita Europe APW GmbH to acquire water treatment chemicals business, paper process chemicals business and alumina compound business from BK Giulini GmbH in 2014. Full Article
Kurita Water Industries Ltd announced that it has lowered its consolidated mid-year outlook for revenue from JPY 90,500 million to JPY 82,700 million, operating profit from JPY 10,000 million to JPY 6,700 million, ordinary profit from JPY 10,200 million to JPY 7,100 million, net profit from JPY 6,100 million to JPY 4,100 million and earning per share from JPY 51.19 to JPY 34.41, for the fiscal year ending March 2014. In addition, the Company has also lowered its consolidated full-year outlook for revenue from JPY 191,000 million to JPY 176,000 million, operating profit from JPY 23,500 million to JPY 15,000 million, ordinary profit from JPY 24,000 million to JPY 15,800 million, net profit from JPY 14,000 million to JPY 9,000 million and earning per share from JPY 117.48 to JPY 75.53, for the fiscal year ending March 2014. The Company lowered the outlook due to the decreased sales and the worsening sales cost ratio, among others. Full Article
- Japan's Kurita Water Industries Ltd agreed to buy APW, the water treatment business owned by Israel-based manufacturer ICL Israel Chemical Ltd for 250 million euros ($316.94 million), the companies said on Sunday.