Mitsubishi Chemical Reports Mixed Financial Results

Mitsubishi Chemical Holdings (JP:4188) has released an update.

Mitsubishi Chemical Group reports a 4.3% increase in sales revenue for the first half of fiscal year 2024, despite a decline in net income by 24.4% year-on-year. The company’s financial position remains stable with a slight increase in the equity ratio to 29.2%. Investors should note the revised forecasts for the fiscal year, reflecting significant changes in expected net income and earnings per share.

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