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Sumitomo Chemical reports consolidated financial results for the nine months ended December 31, 2019
Feb. 11, 2020
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JapanThe Sumitomo Chemical Group’s consolidated sales revenue for the nine months ended December 31, 2019, declined by ¥63.4 billion compared with the same period of the previous fiscal year, to ¥1,650.7 billion. The Group posted core operating income of ¥116.3 billion, operating income of ¥127.7 billion, and net income attributable to owners of the parent of ¥37.6 billion, all of which fell short of the results for the previous fiscal year.
Shipments of crop protection chemicals decreased due to the impact of extreme weather in North America.
¥109.56 = $1 prevailing on December 31, 2019.
Source: Sumitomo Chemical news release
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