Asahi Kasei FY2020 net profit falls nearly by a quarter on weak materials business
17.05.2021
MOSCOW (MRC) -- Asahi Kasei's net profit for the fiscal year ending March 2021В slumped by 23.2%, weighed down by weakness in its materials business, and as the company booked a one-off loss for the period,В as per theВ Japanese producer's statement.The materials segment was hit by global economic deterioration amid the coronavirus pandemic.Sales for the segment declined by 9.3% year on y