Japan’s Showa Shell Sekiyu K.K. reported a sharply higher net profit of 18.67 billion yen for year ended December 2002 from the previous year’s 2.61 billion yen. (US$1=120 yen). The company attributed the improved performance to “favourable changes in its product lineup and better inventory management.” The results were achieved despite Japan’s weak oil demand,…
JAPAN: Showa Shell profits up sharply
Posted on February 25, 2003 by EnergyAsia