Sumitomo Metal Mining Co., Ltd. Announces Consolidated Earnings Result for the First Six Months Ended September 30, 2018; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2019
Sumitomo Metal Mining Co., Ltd. announced consolidated earnings result for the first six months ended September 30, 2018. For the six months, the company reported net sales of ¥466,657 million against ¥440,281 million for the same period a year ago. Profit before tax was ¥73,208 million against ¥48,274 million for the same period a year ago. Profit attributable to owners of parent was ¥58,058 million or ¥211.28 diluted income per share against ¥38,280 million or ¥124.77 diluted income per share for the same period a year ago. Profit was ¥61,943 million against ¥38,756 million for the same period a year ago.
For the full year ending March 31, 2019, the company expects net sales of ¥909,000 million, profit before tax of ¥107,000 million and profit attributable to owners of parent of ¥81,000 million or ¥294.77 basic per share.