Industry News, Ink Manufacturers News

Toyo Ink Announces 1H 2018 Results

Packaging Business sales were up 8% from the first half of 2017.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Toyo Ink SC Holdings Co., Ltd. announced the first quarter financial results for the fiscal year ending Dec. 31, 2018. Consolidated net sales for the first half of fiscal 2018 were ¥140,950 million ($1.273 billion), an increase of 1.9% over 2017’s first half. Operating income was ¥7,753 million ($70 million), down 23.1% from 2017.   Sales in the Printing and Information Business decreased to ¥38,756 million ($350 million), down 1.4% year over year, and Packaging Business sales were ¥30,486 mil...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters