Regions :: North Asia :: Japan
Ube widens loss
7:32 AM MDT | July 31, 2014 | Deepti Ramesh
Ube Industries reports a net loss of about ¥1.1 billion ($10.7 million) in its fiscal first quarter ended 30 June, compared with a net loss of ¥200 million in the year-ago quarter. Sales in the first quarter decreased 3.2%, to ¥148.5 billion. During the quarter, while the US economy continued modest recovery and the European economy showed signs of bottoming out, the pace of economic growth slowed down in China and other Asian countries; as a whole, the world economy seemed to lack momentum, Ube says. On the other hand, the Japanese economy was on...
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