Sumco exceeds forecasts in Q1, revises dividend and outlook

SUMCO Corporation (TSE:3436) today announced its financial results for the first quarter of FY2025, revealing a significant outperformance compared to initial forecasts released on February 7, 2025. Net sales reached JPY 102.47 billion, against a forecast of JPY 102 billion, while operating profit soared to JPY 5.99 billion, exceeding the projected JPY 4.5 billion due to lower-than-expected costs. Consequently, profit attributable to owners of the parent company doubled to JPY 3.047 billion, translating to basic earnings per share of JPY 8.71, compared to the anticipated JPY 4.29.