09 August 2005 02:14 [Source: ICIS news]
In the quarter ended 30 June, the company earned Yen8.7bn ($77.9m/Euro62.9m), up from Yen7.6bn in the corresponding period of 2004.
Total sales increased by 2.9% to Yen78.7bn and net profit rose 44.2% to Yen5.4bn. Sales of chemicals and plastics rose by 7.3% to Yen40bn, while the sales of carbon fibre composite materials and membranes rose 11.8% to Yen19.7bn.
For the financial year ending 31 March 2006, the company hopes to increase sales by 3% to Yen340bn, net profit by 31.6% to Yen19bn, and operating profit by 7.1% to Yen33bn from the last financial year.
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