Regions :: North Asia :: Japan
Tosoh reports huge rise in profits
10:57 AM MDT | May 9, 2014 | Deepti Ramesh
Tosoh reports a 75.3% increase in net profits for its fiscal year ended 31 March 2014 compared with the previous fiscal year, to ¥29.6 billion ($291 million). Profits rose sharply, supported by improvements in volumes sold and in trading conditions, Tosoh says. Sales for the past fiscal year increased by 15.5%, to ¥772.3 billion, because of increased domestic product prices following a rise in the cost for naphtha and other raw materials as well as adjustments to export prices based on the weakening of the Japanese currency, Tosoh says. The previous...
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