Asahi Kasei’s FY 2016/17 net income up 25.3% y/y to USD1 billion

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Financial results

Expects net income of JPY115 billion in FY 2017/18

Japanese chemicals company Asahi Kasei reported a 25.3% year-on-year (y/y) jump in its net income to JPY115 billion (USD1 billion as on 31 March 2017) for the fiscal year ended 31 March 2017, the company announced in a press release yesterday (11 May).

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