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Mitsubishi Chemical Holdings' profits increase sharply

 Last Update: 2021-08-28
 Source: Internet
 Author: User

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Recently, Mitsubishi Chemical Holdings released a financial report saying that the company's net profit increased by 9 times in the first fiscal quarter ended June 30, from 5.
1 billion yen in the same period last year to 49.
9 billion yen.

.

Operating profit tripled to 87 billion yen

Thanks to the recovery of the automotive industry and the polymer market, the operating profit of Mitsubishi's high-performance products business more than doubled to 26.
6 billion yen and sales of 283 billion yen
.

The operating profit of the chemical business changed from a loss of 17.

Mitsubishi Chemical Holdings continues to maintain its operating targets for the entire fiscal year ending March 31, 2022
.

The company expects annual net profit of 140 billion yen

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