Mitsui Chemical swings to net loss of 200M yen in fiscal Q3 as revenues increase 79.5% year-over-year to 1.1T yen; petrochemicals unit saw operating income decline 1.6% to 8.2B yen

Alison Gallant

Alison Gallant

Feb 3, 2012 – Industry Intelligence

LOS ANGELES , February 3, 2012 () – Mitsui Chemicals reported their fiscal third quarter financial results Feb. 2, showing the company swung to net loss of 200 million yen from the prior year period's profit of 21 billion yen. Total revenues for the quarter increased 79.5% year-over-year to 1.1 trillion yen.

Industry Intelligence Editor’s Note: In an omitted table, the company reported fiscal Q3 2011 net loss of 200 million yen on net sales of 1.1 trillion yen. For the same period a year ago, the company reported net income of 21 billion yen on revenues of 1.02 trillion yen.

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