trending Market Intelligence /marketintelligence/en/news-insights/trending/YfaovBfRARFFpbcEa9GHCA2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Earth Chemical Q3 profit falls YOY


Minimizing Risk at a Bank with a Trade Intelligence Platform


2021 US broadband forecast lifted by rising digital home profiles


Q1 2021 Global Capital Markets Activity: SPAC IPOs, Issuance in Consumer Discretionary Sector Surge


Latin American and Caribbean Market Considerations Blog Series: Focus on IFRS 9

Earth Chemical Q3 profit falls YOY

Earth Corp. said its third-quarter normalized net income came to ¥29.04 per share, a decrease of 29.7% from ¥41.28 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥586.4 million, a decline of 29.7% from ¥833.8 million in the year-earlier period.

The normalized profit margin fell to 1.5% from 2.4% in the year-earlier period.

Total revenue increased 14.3% year over year to ¥39.09 billion from ¥34.20 billion, and total operating expenses increased 14.6% from the prior-year period to ¥37.84 billion from ¥33.03 billion.

Reported net income fell 13.2% on an annual basis to ¥547.0 million, or ¥27.09 per share, from ¥630.0 million, or ¥31.19 per share.

As of Nov. 9, US$1 was equivalent to ¥123.27.