YOKKAICHI, Japan—Japanese synthetic rubber manufacturer JSR Corp. reported a 6.8 percent increase in operating income on lower sales in the quarter that ended June 30.
In the quarter, the first of JSR's fiscal 2014, sales fell 1.3 percent to $929 million year to year, while operating income was up 6.8 percent, totaling $9 million.
JSR, which makes a range of synthetic rubbers, as well as plastic and performance chemicals, did not provide any analysis of the results.