World News and Views :: Top of the News
Mitsubishi Chemical reports huge rise in profits
1:03 PM MDT | October 31, 2013 | Deepti Ramesh
Mitsubishi Chemical Holdings says net profits increased more than eightfold in its fiscal first half, ended 30 September, compared with the year-ago period, to ¥27.3 billion ($278 million). First-half sales increased 5.3%, to ¥1.61 trillion. Operating profits for the fiscal first half increased 25%, to ¥51.4 billion. During the first half of the fiscal year, demand for products in the company's performance products and industrial materials segments was weak in China and Europe as a result of the delayed economic recovery in these markets; demand in...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee