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TAKI CHEMICAL surges in afternoon session, hits daily limit high as chemicals business drives 37% operating profit growth in Jan-Mar
TAKI CHEMICAL CO.,LTD. <4025> surged to lock limit-up at 5,310 yen in afternoon trading, climbing 705 yen from the previous close. During mid-day trade, the company released its consolidated first-quarter results for the year ending December 2026. Revenue rose 9.2% year-on-year to 10.776 billion yen, while operating profit jumped 37.1% to 946 million yen, triggering fresh buying on the upbeat performance.
The chemicals segment spearheaded the growth, benefiting from price revisions for flocculants, its mainstay water treatment chemical, and the rollout of new pharmaceutical additives in functional materials. Furthermore, both the agri business, supported by higher fertilizer sales volume and prices, and the construction materials unit, buoyed by higher gypsum board prices, posted revenue and profit growth.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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