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News Ube Industries net sales drop by 5.8% to US1.49bn in first nine months of 2016

Ube Industries net sales drop by 5.8% to US1.49bn in first nine months of 2016

Written by Global Cement staff 01 February 2017
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Japan: Ube Industries net sales have fallen by 5.8% year-on-year to US$1.49bn for the first nine months of 2016 from US$1.59bn in the same period in 2015. Its operating income fell by 21% to US$109m from US$139m. The cement producer blamed the declines on weak demand for cement, low prices and rising prices of coal in the third quarter despite a strong export market.

Last modified on 01 February 2017
Published in Global Cement News
Tagged under
  • Japan
  • Ube Industries
  • Results
  • GCW287

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