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DIC Reports Consolidated Financial Results for First Nine Months of 2022

Packaging & Graphic segment sales rose 23.3%, to $2.75 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

DIC Corporation reported its consolidated financial results for the nine months ended Sept. 30, 2022. In the nine months ended September 30, 2022, consolidated net sales climbed 29.1%, to ¥795.2 billion ($5.5 billion). DIC reports that this sharp increase, coming amid global economic turmoil caused by such factors as rising inflationary pressure worldwide, the protracted crisis in Ukraine and restrictions on movement in the People’s Republic of China (PRC) under a stringent “zero-COVID” polic...

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