Sumitomo Electric’s H1 net income down 54.4% y/y to USD299 million

News

Expects net sales to go up 8% y/y to JPY3.05 trillion in FY 2015/16

Sumitomo Electric has reported a 54.4% y/y decline in net profit to JPY35.8 billion (USD299 million, 30 September 2015) in the first six months ended 30 September 2015, according to a company press release.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload