Gun Ei Chemical Industry Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017
January 30, 2018
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Gun Ei Chemical Industry Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported net sales of JPY 19,707 million as compared to JPY 19,154 million for the same period last year. Ordinary income was JPY 2,154 million as compared to JPY 2,348 million for the same period last year. Income before income taxes was JPY 2,231 million as compared to JPY 2,441 million for the same period last year. Profit was JPY 1,513 million as compared to JPY 1,850 million for the same period last year. Profit attributable to owners of parent was JPY 1,427 million as compared to JPY 1,728 million for the same period last year.
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.