JSR sales stay static in first half of fiscal 2012

ERJ staff report (LMH)

Tokyo - JSR Corp. has posted net sales of Yen 170 billion (Euro 1.6 billion) for the first half of fiscal 2012, the same figure that the Japanese company reported in fiscal 2011.

Operating income for the six months 1 April - 30 Sept 2011 was Yen 19 billion, a three percent decrease year-on-year.

JSR, which manufacturers synthetic rubbers and elastomers, said in its 24 Oct results release that current new income for the first half of fiscal 2012 is Yen 12 billion, a decrease of 12.8 percent.

The Japanese company forecast full year sales of Yen 370 billion, an increase of 8.6 percent, as well as operating income of Yen 41 billion and net income of Yen 28 billion.

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Press release from JSR Corp.