Japan's Sumitomo Corp net profit down 32%, misses estimates [Reuters]
SUMITOMO CORP S/ADR (SSUMY)
NASDAQ:AMEX Investor Relations:
sumitomocorp.co.jp/en/ir
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Source: Reuters
31.7% from a year earlier to 386.4 billion yen ($2.5 billion), missing estimates. A LSEG poll of analysts had forecast Sumitomo's net profit for the fiscal year at 504.9 billion yen. Sumitomo said its net profit for the year ending in March 2025 is forecast at 530 billion yen. ($1 = 155.8700 yen) Get a look at the day ahead in Asian and global markets with the Morning Bid Asia newsletter. Sign up Reporting by Katya Golubkova; Editing by Kim Coghill Our Standards:
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