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An update from Sumitomo Chemical Co ( (JP:4005) ) is now available.
Sumitomo Chemical Co., Ltd. has reported a share of loss in investments, primarily due to the financial downturn of Rabigh Refining and Petrochemical Company, an affiliate. Additionally, the company experienced a significant foreign exchange gain in the third quarter of FY2024, influenced by fluctuations in currency valuations, which will impact its financial results.
More about Sumitomo Chemical Co
Sumitomo Chemical Co., Ltd. operates in the chemical industry, providing a wide range of chemicals, petrochemicals, and related products. The company is focused on innovation in chemical solutions and serves various markets including agriculture, pharmaceuticals, and materials science.
YTD Price Performance: -0.68%
Average Trading Volume: 7,517
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $3.53B
Learn more about 4005 stock on TipRanks’ Stock Analysis page.