According to Zacks, “Nissan Chemical Corporation is a chemical manufacturing company. It offers melamine, sulfuric acid, nitric acid and ammonia; fine chemicals, including special epoxy, flame retardant and disinfectant. Nissan Chemical Corporation, formerly known as Nissan Chemical Industries Ltd., is based in Tokyo, Japan. “
Separately, Mizuho downgraded Nissan Chemical from a “buy” rating to a “neutral” rating in a research report on Monday, September 14th.
Nissan Chemical (OTCMKTS:NNCHY) last released its quarterly earnings results on Thursday, November 12th. The company reported $0.34 earnings per share for the quarter. Nissan Chemical had a return on equity of 15.66% and a net margin of 14.72%. The firm had revenue of $426.05 million during the quarter, compared to the consensus estimate of $404.63 million. As a group, analysts anticipate that Nissan Chemical will post 2.14 earnings per share for the current fiscal year.
About Nissan Chemical
Nissan Chemical Corporation engages in the chemicals, performance materials, agricultural chemicals, pharmaceuticals, and advanced materials and planning businesses in Japan and internationally. Its chemical products include MELAMINE, an adhesive agent; high purity chemicals; AdBlue, an urea solution; FINEOXOCOL, a saturated fatty alcohol and acid; ammonia, sulfuric, and nitric acid; TEPIC, an epoxy compound; Melamine Cyanurate, a salt of melamine and iso cyanuric acid; Nissan Reishi, a health food; phenylphosphonic acid; HI-LITE, a chlorinated isocyanulate; and OPTBEADS, a melamine-formaldehyde resin and silica.
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