A major manufacturer of silicone products for the electronics and information industries, Shin-Etsu Polymer Co. Ltd. (TYO:7970), posted first quarter sales of 17.937 billion yen ($1.79 billion), representing a year-on-year decline of 1.1 percent. Meanwhile, operating profit for the same April–June period increased 118.5 percent, rising to 1.645 billion yen; pretax profit rose 3.9 percent, hitting 1.196 billion yen; and...
shin-etsu polymer
Shin-Etsu Polymer Achieves Three Straight Years of Sales And Profit Growth
Shin-Etsu Polymer Co. Ltd. (TYO:7970) has posted 75 billion yen (US $6.87 billion) of sales for the year through the end of March 2016, which represented modest year-on-year growth of 5 percent. However, operating income was 4.1 billion yen – an 84 percent increase over the prior fiscal year. This represents three consecutive years of sales and profit growth in...
Please subscribe to read the full story.Subscribe
Already a member? Log in here