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Asahi Kasei Reports Big Fall in Profits; Chemicals Segment Causes Revenues to Fall

2:53 AM MST | November 2, 2009 | Deepti Ramesh

Asahi Kasei recorded an 82% fall in net profits for the fiscal first half ended September 30, 2009, to ¥4.2 billion ($47 million) compared with the year-ago period, on sales down 22%, to ¥659 billion. The fall in overall sales was mainly due to lower...

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