Synthetic Rubber Sales and Profit Rise on Higher Shipments: Zeon FY 2023 Results

Zeon reported net sales of 382.28 billion yen ($2.42 billion), down 1.6% year-on-year, operating income of 20.50 billion yen, down 24.6%, ordinary income of 26.91 billion yen, down 14.3%, and net income of 31.10 billion yen, up 194.3% for the year ended March 2024. In the elastomer materials business segment, sales declined 3.1% to 215.29 billion yen, and operating profit…

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