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Sumitomo Chemical Co ( (JP:4005) ) just unveiled an announcement.
Sumitomo Chemical Co. reported its consolidated financial results for the fiscal year 2024, highlighting a significant improvement in financial performance compared to the previous year. The company achieved a sales revenue of ¥2,606,281 million, marking a 6.5% increase from FY 2023, and a notable recovery in net income attributable to owners of the parent, which stood at ¥38,591 million. This positive financial outcome reflects the company’s strategic efforts to enhance its operational efficiency and market positioning, benefiting stakeholders and reinforcing its industry standing.
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. operates in the chemical industry and is listed on the Tokyo Stock Exchange. The company focuses on producing a wide range of chemical products and services, catering to various market needs.
Average Trading Volume: 11,267,398
Technical Sentiment Signal: Sell
Current Market Cap: Yen587.4B
For an in-depth examination of 4005 stock, go to TipRanks’ Stock Analysis page.