{"id":45270,"date":"2023-08-07T02:18:56","date_gmt":"2023-08-07T06:18:56","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/unicharm-shares-rise-sharply-after-first-half-net-profit-climbed-on-price-increases\/"},"modified":"2023-08-07T02:18:58","modified_gmt":"2023-08-07T06:18:58","slug":"unicharm-shares-rise-sharply-after-first-half-net-profit-climbed-on-price-increases","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=45270","title":{"rendered":"Unicharm Shares Rise Sharply After First-Half Net Profit Climbed on Price Increases"},"content":{"rendered":"
\n

By Kosaku Narioka<\/p>\n

<\/pre>\n
Unicharm shares rose sharply Monday morning after the Japanese maker of diapers and other hygiene products posted a 9.1% increase in first-half net profit thanks to successful price increases.<\/p>\n
Shares were recently 8.2% higher at 5,710 yen after rising as much as 12% earlier.<\/p>\n
\n
Unicharm said after Friday’s market close that net profit climbed to Y34.67 billion ($244.6 million) from Y31.76 billion in the year-earlier period.<\/p>\n
The company said price increases in Japan’s baby diapers and pet-care products led to profit growth. Napkins and other female hygiene products also sold well in the rest of Asia, while higher costs of raw materials weighed on earnings.<\/p>\n
First-half revenue rose 7.7% to Y453.94 billion.<\/p>\n
Unicharm kept its earnings forecasts for 2023. It said it expects revenue to increase 7.3% to Y963.50 billion and net profit to rise 20% to Y80.90 billion.<\/p>\n
<\/pre>\n
Write to Kosaku Narioka at kosaku.narioka@wsj.com<\/p>\n
<\/pre>\n<\/p><\/div>\n<\/div>\n
Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
By Kosaku Narioka Unicharm shares rose sharply Monday morning after the Japanese maker of diapers and other hygiene products posted a 9.1% increase in first-half net profit thanks to successful price increases. Shares were recently 8.2% higher at 5,710 yen after rising as much as 12% earlier. Unicharm said after Friday’s market close that net […]<\/p>\n","protected":false},"author":1,"featured_media":1898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-45270","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nUnicharm Shares Rise Sharply After First-Half Net Profit Climbed on Price Increases | iFintechWorld<\/title>\n<meta name=\"description\" content=\"By Kosaku Narioka Unicharm shares rose sharply Monday morning after the Japanese maker of diapers and other hygiene products posted a 9.1% increase in\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=45270\" \/>\n<meta property=\"og:locale\" content=\"en_US\" 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