People & Business :: Earnings/Finance
Showa Denko’s chemicals and petrochemicals businesses report higher earnings
2:12 PM MDT | May 8, 2013 | Deepti Ramesh
Showa Denko recorded a 23.5% fall in net profits for the first quarter ended 31 March compared with the year-ago quarter, to ¥4.07 billion ($41.2 million). First-quarter sales increased 6.1%, to ¥192.4 billion, largely because of higher sales in the company's petrochemicals business segment, Showa Denko says. Showa Denko’s petrochemicals segment recorded a 40% rise in first-quarter sales compared with the year-ago period, to ¥65.9 billion, and operating profits for the segment increased by more than 12 times, to ¥937 million. Production of...
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