Ube Industries Ltd. (TYO:4208) has released its business results for the fiscal year ending March 2017. The company saw sales of 616.56 billion yen ($5.44 billion), a year-on-year decrease of 3.9 percent; operating profit was down at 34.96 billion yen, a 15.6-percent decline; ordinary income dropped to 33.35 billion yen, a 15.8-percent decline; and net profits rose to 24.19 billion...
Ube Industries (TYO:4208) announced results for the first nine months of the fiscal year ending March 2016, showing sales of 482 billion yen ($4.28 billion), increasing 2 percent. Profit on operations was 31.3 billion yen, an increase of 118 percent. Ordinary income was 30.1 billion yen, up 117 percent. Net profit grew substantially by 275 percent to 19.2 billion yen.
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