Gun Ei Chemical Industry Co., Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2017
May 14, 2017
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Gun Ei Chemical Industry Co., Ltd. announced consolidated earnings results for the year ended March 31, 2017. For the full year, the company reported Net Sales were ¥25,363 million against net sales of ¥25,589 million a year ago. Operating income was ¥2,725 million against operating income of ¥2,058 million a year ago. Ordinary income was ¥2,923 million against ordinary income of ¥2,151 million a year ago. Income before income taxes was ¥2,583 million against ¥1,981 million a year ago. Profit attributable to owners of parent was ¥1,856 million against ¥1,362 million a year ago. Net cash provided by operating activities was ¥4,158 million against ¥2,677 million a year ago. Purchase of property, plant and equipment was ¥1,382 million against ¥1,049 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.