JSR Elastomer Business Shows Slight Profit in Q1 Amid Decrease in Sales

Business performance for JSR Corp. (TYO:4185) suffered somewhat over the first quarter of the 2016 fiscal year. The large synthetic-rubber manufacturer announced on July 25 that sales for April–June saw a year-on-year drop of 7 percent, falling to 88.786 billion yen ($878.535 million); operating profit fell 24 percent, down to 5.637 billion yen; pretax profit dropped by 20 percent, at…

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