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The latest update is out from Sumitomo Metal Mining Co ( (JP:5713) ).
Sumitomo Metal Mining Co., Ltd. reported a challenging financial year ending March 31, 2025, with a notable decline in profits despite a rise in net sales. The company’s profit before tax and profit attributable to owners of the parent decreased significantly by 67.2% and 71.9%, respectively, compared to the previous year. This downturn reflects broader market challenges and impacts on the company’s operational efficiency. However, the company has announced an increase in dividends per share, indicating a commitment to returning value to shareholders. Looking ahead, Sumitomo Metal Mining forecasts a recovery in profits for the next fiscal year, signaling potential improvements in market conditions and operational strategies.
More about Sumitomo Metal Mining Co
Sumitomo Metal Mining Co., Ltd. operates in the mining and metal industry, focusing on the production and sale of metals such as copper, nickel, and gold. The company is listed on the Tokyo Stock Exchange and is a significant player in the global mining sector, providing essential materials for various industries.
Average Trading Volume: 2,457,412
Technical Sentiment Signal: Sell
Current Market Cap: Yen864.4B
For detailed information about 5713 stock, go to TipRanks’ Stock Analysis page.