Asia
Shin-Etsu Polymer's Attributable Profit Falls 22% in Fiscal Q1
Shin-Etsu Polymer's (TYO:7970) profit attributable to owners of the parent fell 22.3% to 2.42 billion yen for the three months ended June 30, 2025, from 3.11 billion yen a year earlier.The chemicals company's earnings per share fell to 30.05 yen from 38.65 yen a year ago, according to a Tokyo bourse filing on Thursday.Net sales rose 9.3% to 30.59 billion yen from 27.98 billion yen in the prior year.For the fiscal year ending March 31, 2027, the company expects attributable profit of 10.50 billion yen, basic EPS of 130.64 yen, and net sales of 120 billion yen.The company plans to pay a year-end dividend of 33 yen per share for the second quarter-end.
TYO:7970
