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Kuraray Reports Higher Annual Profits and Sales

8:15 AM MDT | May 1, 2008 | Deepti Ramesh

Kuraray reported a 14% rise in net profits, to ¥25.5 billion ($245.7 million) for its fiscal year ended March 31, 2008. Sales grew 8.4%, to ¥417.6 billion. “Our profit margins were squeezed by the escalating prices of raw materials and...

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