Showa Denko Swings to Profit in First Quarter; Upgrades First-Half Forecasts

08:00 AM | April 28, 2010 | Deepti Ramesh

Showa Denko reported a net profit of ¥3.5 billion ($38 million) in its first quarter ended March 31, 2010, compared to a net loss of ¥22 billion in the year-ago period. Sales increased by 55%, to ¥188...