Sumitomo Seika Chemicals reports 8.2% rise in net sales in Q1 FY24

Sumitomo Seika Chemicals reports 8.2% rise in net sales in Q1 FY24

By: ICN Bureau

Last updated : August 13, 2024 6:16 pm



Net income attributable to owners of the parent came to 2.521 billion yen


Sumitomo Seika Chemicals Company, Limited has announced its consolidated financial results for the three months ended June 30, 2024. The company posted net sales at 36.896 billion yen, an 8.2% increase compared with the same period in the previous fiscal year. Operating income was 2.911 billion yen, a 163.6% increase from the same period in the previous fiscal year. The company reported ordinary income at 3.553 billion yen, 179.5% higher than the same period in the previous fiscal year.

Net income attributable to owners of the parent came to 2.521 billion yen, a 246.8% increase from the same period in the previous fiscal year. Net income per share was 189.61 yen and return on equity (ROE) was 2.6%.

Sumitomo Seika Chemicals

First Published : August 13, 2024 12:00 am