Mitsubishi Chemical's net profit dips on trade tensions, goodwill impairment charges

Mitsubishi Chemical's net profit dips on trade tensions, goodwill impairment charges
WESPECH PTE LTD
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07.02.2020

MOSCOW (MRC) -- Mitsubishi Chemical Holdings reports a 54% decline year on year (YOY) in net income for the company's fiscal nine months ended 31 December to Yen 76.27 billion (USD695.6 million), on sales that fell 4.9% YOY to Yen 2.7 trillion, reported Chemweek.Operating income dropped 40% to Yen 160.5 billion from ?268 billion a year earlier owing to goodwill impairment charges relating

Full article at mrcplast.com

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