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Okumura : Annual Report2020 | MarketScreener

Annual Report 2020

P r o f i l e

Okumura was established in 1907 based on two key principles. | August 20, 2021 ....

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Stepan Reports Record Second Quarter Results and Record First Half Earnings

Stepan Reports Record Second Quarter Results and Record First Half Earnings
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Stepan Reports Record Quarterly Earnings

Stepan Reports Record Quarterly Earnings
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First Quarter Highlights
Reported net income was a record $40.6 million, or $1.74 per diluted share versus $27.5 million, or $1.18 per diluted share, in the prior year. Adjusted net income was a record $42.4 million, or $1.82 per diluted share versus $24.2 million, or $1.04 per diluted share, in the prior year. Total Company sales volume increased 6% versus the prior year.
Surfactant operating income was $53.2 million versus $36.2 million in the prior year. This increase was primarily driven by improved product and customer mix and higher global demand in the agricultural and oil field end markets, partially offset by lower North American sales volume into the consumer product end markets due to supplier force majeures following the severe weather in Texas. The Company also experienced lower supply chain expenses in the current year quarter due to the non-recurrence of the Q1 2020 Mi ....

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Stepan Reports Record Fourth Quarter Results and Full Year 2020 Earnings

Stepan Reports Record Fourth Quarter Results and Full Year 2020 Earnings
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Fourth Quarter Highlights
Reported net income was $30.4 million, or $1.30 per diluted share versus $22.0 million, or $0.95 per diluted share, in the prior year. Adjusted net income was $33.1 million, or $1.42 per diluted share versus $25.7 million, or $1.10 per diluted share, in the prior year. Total Company sales volume increased 7% versus the prior year.
Surfactant operating income was $43.3 million versus $33.9 million in the prior year. This increase was primarily attributable to an 8% increase in global sales volume as well as improved product and customer mix. The sales volume growth was principally due to higher demand for cleaning, disinfection and personal wash products as a result of COVID-19. ....

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Transitional Provision: A Light On Hit-And-Run Mechanism Under The GST Law

Transitional Provision: A Light On Hit-And-Run Mechanism Under The GST Law
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