Sumitomo Chemical reports consolidated financial results for the nine months ended December 31, 2019

The 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.