Sumitomo Metal Mining Co., Ltd. Provides Consolidated Financial Guidance for the First Six Months and Full Year of the Fiscal Year Ending March 31, 2020
August 07, 2020 at 01:00 am EDT
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Sumitomo Metal Mining Co., Ltd. provided consolidated financial guidance for the first six months and full year of the fiscal year ending March 31, 2020. For the six months, the company expects, profit attributable to owners of parent of ¥8,000 million or ¥29.11 per basic share on net sales of ¥400,000 million.
For the year, the company expects, profit attributable to owners of parent of ¥32,000 million or ¥116.46 per basic share on net sales of ¥835,000 million.
Sumitomo Metal Mining Co., Ltd. specializes in production, processing and marketing of non ferrous metals. Net sales break down by activity as follows:
- sale of non ferrous metals (70.9%): gold, copper, nickel, aluminum, zinc, etc.;
- manufacturing of electronic components and advanced materials (20.5%): primarily semiconductors;
- mineral extraction (8.2%);
- other (0.4%): primarily engineering services.
Sumitomo Metal Mining Co., Ltd. Provides Consolidated Financial Guidance for the First Six Months and Full Year of the Fiscal Year Ending March 31, 2020
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