Japan's Ube Industries year-to-March 2012 net profit grows 33%

10 May 2012 09:57  [Source: ICIS news]

TOKYO (ICIS)--Japanese chemical producer Ube Industries reported on Thursday a 33% increase in its year-to-March 2012 net profit to yen (Y) 23.0bn ($288m), partly on improved performance of its chemicals and plastics segment.

Its operating profit for the fiscal year rose 3.7% to Y46.0bn, while net sales rose 3.7% to Y638.7bn from Y616.1bn, the company said in a statement.

In the chemicals and plastics segment, full-year operating profit rose 15% to Y23.0bn, while net sales increased 13% to Y231.0bn, Ube Industries said.

($1 = Y80)
By: Tomomi Yokomura
+65 6780 4359

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index