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Gun-ei Chemical Profit Climbs to 1.25 Billion Yen

Gun-ei Chemical Industry Co. reported a significant surge in profitability for the first half of the fiscal year ending September 30, with net profit rising to 1.25 billion yen from 973 million yen in the same period last year, according to financial results released under Japanese accounting standards.

Gun-ei Chemical Profit Climbs to 1.25 Billion Yen

Revenue for the Japanese chemical manufacturer climbed to 17.37 billion yen, up from 15.57 billion yen a year earlier. The company’s operational efficiency showed marked improvement as operating profit reached 2.17 billion yen, compared to 1.40 billion yen in the previous year. Pretax profit also saw a healthy increase, climbing to 2.40 billion yen from 1.51 billion yen. Reflecting these gains, earnings per share rose to 187.81 yen, up from 146.74 yen in the prior period.

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