Japan’s Sumitomo Corp posts $33.89 bn revenue in 9M FY24, up 5% YoY
Sumitomo Corporation has reported revenue of ¥5,319.7 billion (~$33.88 billion) in 9M FY24, up 5.0 per cent YoY. Profits before tax rose 4.4 per cent to ¥525 billion (~$3.34 billion), while net profit reached ¥448.1 billion (~$2.86 billion). SG&A expenses grew to ¥748 billion ($4.76 billion). EPS increased to ¥343.54 (~$2.19). The company forecasts FY24 profit of ¥560 billion (~$3.70 billion).
Sumitomo Corporation has reported revenue of ¥5,319.7 billion (~$33.88 billion) in 9M FY24, up 5.0 per cent YoY.
Profits before tax rose 4.4 per cent to ¥525 billion (~$3.34 billion), while net profit reached ¥448.1 billion (~$2.86 billion).
SG&A expenses grew to ¥748 billion ($4.76 billion).
EPS increased to ¥343.54 (~$2.19).
The company forecasts FY24 profit of ¥560 billion (~$3.70 billion).
