Mitsubishi Chemical Group Corp (OTCPK:MTLHF)
$ 5.43 0 (0%) Market Cap: 7.63 Bil Enterprise Value: 19.27 Bil PE Ratio: 12.75 PB Ratio: 0.72 GF Score: 81/100

Q2 2022 Mitsubishi Chemical Holdings Corp Earnings Call Transcript

Nov 02, 2021 / 08:00AM GMT
Release Date Price: $8.08
Hidefumi Date
Mitsubishi Chemical Holdings Corporation - Managing Corporate Executive Officer, CFO & Director

Good afternoon. This is Date speaking. Thank you for joining us. Please turn to Page 4, consolidated statement of operations. During the first half of this fiscal year, exchange rate was JPY 110.1 to the U.S. dollar, representing depreciation of the yen from the same period of the previous year.

Naphtha price was JPY 50,600 per kilo liter. Sales revenue was JPY 1,885.1 billion, up JPY 380.3 billion year-on-year, of which the impact of weaker yen amounted to positive JPY 50 billion. And price factor amounted to a positive JPY 130 billion, mostly resulting from higher market prices for Chemicals, while volume impact totaled positive JPY 200 billion, coming from over JPY 70 billion in petrochemical or Performance Products, over JPY 60 billion in Chemicals and JPY 50 billion in Industrial Gases, given that the corresponding period of the previous year felt a significant impact of COVID-19.

Core operating income totaled JPY 156.1 billion, up JPY 101.5 billion. More on this later

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot