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JAPAN'S SHIN-ETSU CHEMICAL INTERIM NET PROFIT RISES 7%.

AsiaPulse News

| November 01, 2002 | COPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TOKYO, Nov 1 Asia Pulse - Shin-Etsu Chemical Co. (TSE:4063) on Thursday announced a consolidated net profit of 37 billion yen (US$301.97 million) for the fiscal half ended Sept. 30, up 7 per cent on the year and the highest ever for an interim period.

U.S. polyvinyl chloride subsidiary Shintech Inc. fared well. And business in electronics materials, including silicon wafers, was strong both in Japan and abroad.

Group sales came to 396.7 billion yen, up 0.2 per cent on the year.

Consolidated ...

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