Middle East Supply Fears Sparked a Rush of Orders for Konishi's Adhesives, Lifting Quarterly Profit 53%
An April rush of orders tied to Middle East supply fears, followed by price increases, pushed Konishi's quarterly operating profit up 52.5%, with its Bond adhesives unit up 69.5% and Chemicals up 67.2%, while a Construction segment profit fell 24.7% on delayed projects; the company kept its full-year forecast unchanged from April.