Gun Ei Chemical Industry Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017
July 30, 2017
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Gun Ei Chemical Industry Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales of JPY 6,672 million against JPY 6,384 million a year ago. Operating income was JPY 696 million compared with JPY 701 million a year ago. Ordinary income was JPY 731 million against JPY 679 million a year ago. Income before income taxes was JPY 736 million against JPY 717 million a year ago. Profit attributable to owners of parent was JPY 494 million against JPY 503 million a year ago. Profit was JPY 516 million against JPY 548 million a year ago.
Gun Ei Chemical Industry Co., Ltd. is a chemical manufacturer. The Company operates in three business segments. The Chemical segment manufactures and sellsindustrial phenolic resin (relay top), caking additive for castings, resin for electronic materials, high performance fiber, spherical resin and bisphenol F. The Food segment offers produces and sells isomerized sugars, glucose, water syrup, oligosaccharides (Guneioligo Puretos) and cereal syrup. The Real Estate Utilization segment is involved the real estate leasing business.