ISE Chemicals reports lower first-quarter net profit
Updated
Updated · MarketWatch · May 1
ISE Chemicals reports lower first-quarter net profit
4 articles · Updated · MarketWatch · May 1
The Japanese company posted net profit of Y1.33 billion for the quarter ended 31 March, on revenue of Y8.81 billion, versus Y1.36 billion and Y8.24 billion a year earlier.
Operating profit slipped to Y1.96 billion from Y2.00 billion, pretax profit edged down to Y1.91 billion from Y1.94 billion, and earnings per share fell to Y26.02 from Y26.74.
The results were prepared under Japanese accounting standards, showing revenue growth but slightly weaker profitability across key earnings measures in the first quarter.
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