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Japan’s Asahi Kasei’s net profit up 6.3% in H1

by ChemOrbis Editorial Team - content@chemorbis.com
  • 05/11/2014 (15:04)
Japan’s Asahi Kasei announced its financial results for the first fiscal half, ended 30 September, according to a press release dated November 5 on the company’s website. The company’s net profit rose 6.3% on a yearly basis in the first fiscal half to reach JPY49.52 billion ($434 million) while sales also climbed 5.2% to JPY966.9 billion.

Sales in chemicals and fibers segment increased 4.5% year over year to JPY477.5 billion, however the operating profits from this segment declined 3.6% to JPY26.6 billion.
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