Kuraray Records Huge Rise in Profits

Kuraray has reported a net profit of ¥5.7 billion ($66 million) for its first quarter ended June 30, compared with a net profit of ¥138 million in the year-ago period. Sales increased 20%, to ¥87.7 billion. The operating environment in the quarter saw a gradual recovery in demand for the company’s products in emerging economies, mainly China, Kuraray says. But the situation remained unpredictable with a stagnant economy in Europe caused by anxiety over the future financial condition, a declining euro and appreciation of the yen, and concerns...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers