Ube Reports Strong BR Shipments in Q3

Ube Industries (TYO:4208) announced results for the first nine months of the fiscal year ending March 2016, showing sales of 482 billion yen ($4.28 billion), increasing 2 percent. Profit on operations was 31.3 billion yen, an increase of 118 percent. Ordinary income was 30.1 billion yen, up 117 percent. Net profit grew substantially by 275 percent to 19.2 billion yen.

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