JSR’s Elastomers Business Posts 5.57B Yen Operating Loss for First Quarter

JSR Corp. (TYO:4185) recently revealed that its Elastomers business has taken a significant hit from the novel coronavirus, with this news coming as part of the company’s financial results for the first quarter of fiscal 2020. The quarterly results revealed a company-wide sales revenue of 93.09 billion yen ($877.9 million), down 22 percent year-on-year; an operating profit of 2.36 billion…

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