Gun Ei Chemical Industry Co., Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2018
May 14, 2018
Share
Gun Ei Chemical Industry Co., Ltd. reported consolidated earnings results for the year ended March 31, 2018. For the year, net sales were JPY 26,393 million against JPY 25,363 million a year ago. Operating income was JPY 2,459 million against JPY 2,725 million a year ago. Ordinary income was JPY 2,708 million against JPY 2,923 million a year ago. Income before income taxes was JPY 2,543 million against JPY 2,583 million a year ago. Profit was JPY 1,695 million against JPY 2,009 million a year ago. Profit attributable to owners of parent was JPY 1,583 million against JPY 1,856 million a year ago. Net cash provided by operating activities was JPY 1,773 million against JPY 4,158 million a year ago. Purchase of property, plant and equipment was JPY 1,993 million against JPY 1,382 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.