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SDS sales up 9% in Q2

SDS Biotech, the agrochemical subsidiary of Japanese company Idemitsu Kosan, recorded a 9.1% increase in sales to ¥7,242 million ($58.4 million at the current rate) in the three months to June 30th 2015. That represents the second quarter of a 15-month fiscal year ending March 2016 following the decision to change the company's fiscal year ending from December 31st to coincide with that of its parent company. Operating income rose by 19.3% to ¥402 million ($3.2 million) and net income grew by 54.7% to ¥181 million ($1.5 million).

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