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An announcement from Sumitomo Chemical Co ( (JP:4005) ) is now available.
Sumitomo Chemical Co. reported its consolidated financial results for the first quarter of fiscal year 2025, showing a significant decrease in sales revenue by 14% compared to the previous year. Despite the decline in sales, the company achieved a substantial increase in core operating income by 388.2%, indicating improved operational efficiency. However, net income attributable to owners of the parent fell by 88.6%, reflecting challenges in the market. The company also announced its financial forecast for the first half of fiscal year 2025, maintaining its full-year forecast unchanged.
The most recent analyst rating on (JP:4005) stock is a Hold with a Yen370.00 price target. To see the full list of analyst forecasts on Sumitomo Chemical Co stock, see the JP:4005 Stock Forecast page.
More about Sumitomo Chemical Co
Sumitomo Chemical Co., Ltd. is a company listed on the Tokyo Stock Exchange, operating in the chemical industry. It offers a wide range of chemical products and services, focusing on innovation and sustainability.
Average Trading Volume: 8,916,077
Technical Sentiment Signal: Buy
Current Market Cap: Yen611.1B
For an in-depth examination of 4005 stock, go to TipRanks’ Overview page.