Shin-Etsu Polymer Discloses 2016 Business Performance

Shin-Etsu Polymer (TYO:7970) recently gave details of its business performance for the fiscal year ending March 2017. The company, which manufactures products for silicone rubber molding and value-added resin treatment, made 73,979,000,000 yen ($663.79 million) in sales, down 1.4 percent from last year; 5,511,000,000 yen in operating profit, up 34.4 percent; 5,934,000,000 yen in ordinary profit, up 30.9 percent; and…

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