Shin-Etsu Chemical Q1 Net Income Declines; Sales Down 7% - Quick Facts

(RTTNews) - Shin-Etsu Chemical Co., Ltd. (SHECF.PK, SHECY.PK) reported first quarter net income to owners of parent of 69.3 billion yen, down 17.5 percent from a year ago. Earnings per share was 166.93 yen compared to 201.95 yen. Operating income was 90.9 billion yen, down 15.4 percent. Sales were 359.3 billion yen, a decline of 7 percent from last year.

For the first half ending September 30, 20, the company projects: net income per share of 334.24 yen; and net sales of 705.0 billion yen.

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