Tohoku Chemical reports first-half net profit rise
Updated
Updated · MarketWatch · May 1
Tohoku Chemical reports first-half net profit rise
7 articles · Updated · MarketWatch · May 1
For the six months ended 31 March, net profit rose to Y395 million from Y268 million, while revenue increased to Y18.94 billion from Y17.81 billion.
Operating profit climbed to Y530 million from Y325 million and pretax profit to Y564 million from Y354 million, with earnings per share rising to Y439.52 from Y298.40.
The Japanese company said the results were prepared under Japanese accounting standards, marking stronger profitability across key measures in its latest half-year earnings report.
Amidst an industry crisis fueled by war, how did one Japanese chemical firm thrive?
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