reports
- Joel Scheiman
Showa Denko (4004): FY17 Revision – Good News Was Already Known .......
Key Points Showa Denko’s (SDK) July 24th earnings revision represents, for all intents and purposes, its FY17 H1 announcement. The actual announcement is scheduled for August 8th. SDK revised up OP guidance, but unfortunately lowered RP and NP guidance because of difficulties at affiliate Indonesia Chemical Alumina (ICA). Consensus estimates for SDK’s OP have been rising for a year now. Petrochemicals have remained resilient and electronics firmed just as management cut costs in its HD me...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.