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Sumitomo Mitsui Construction Revises Financial Forecasts Upward

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Sumitomo Mitsui Construction Revises Financial Forecasts Upward

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The latest announcement is out from Sumitomo Mitsui Construction Co., Ltd. ( (JP:1821) ).

Sumitomo Mitsui Construction Co., Ltd. has revised its financial forecasts for the fiscal year ending March 31, 2025, indicating improved expectations across various financial metrics. The revisions are attributed to increased net sales, particularly from overseas subsidiaries, and improved profit margins due to decreased expenses and favorable financial conditions, signaling a positive outlook for the company’s financial health.

More about Sumitomo Mitsui Construction Co., Ltd.

Sumitomo Mitsui Construction Co., Ltd. operates in the construction industry, focusing on a range of construction services. The company is listed on the Prime Market of the Tokyo Stock Exchange and engages in both domestic and international projects.

YTD Price Performance: 13.61%

Technical Sentiment Signal: Sell

Current Market Cap: €443.3M

Learn more about 1821 stock on TipRanks’ Stock Analysis page.

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