Quarterly income up 7% for synthetic rubber maker JSR

ERJ staff report (LMH)

Yokkaichi, Japan – Japanese synthetic rubber manufacturer JSR Corp. has reported a 6.8% increase in operating income on lower sales in three months ended 30 June 2013.

In the quarter, the first of JSR’s fiscal 2014, sales fell 1.3% to ¥91.7 billion (€702 million) year-on-year, while operating income was up 6.8% totalling ¥9.3 billion.

JSR, which makes a range of synthetic rubbers, as well as plastic and performance chemicals, did not provide any commentary or analysis of the results.

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News release from JSR