ERJ staff report (DS)
Tokyo - Following publication of its Q2 results a few days ago, Zeon Corp. has released the investor presentation materials.
The presentation splits out the rubber activities from other Zeon businesses and show that sales volumes at Zeon have been falling. Sales of latices increased by 5.3 percent (by volume), while sales of solid rubber fell by 4 percent by volume. Net sales of the elastomers business declined by just over 10 percent in revenue terms in comparison with the previous quarter. Operating income fell by 26 percent in the period compared to the previous quarter.
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Presentation materials from Zeon