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Sumitomo Metal Mining posts 24% profit jump despite sales decline

August 7, 2025 at 05:50 AM UTCBy FilingReader AI

Sumitomo Metal Mining reported first-quarter profit jumped 24.3% to 27.4bn yen despite net sales falling 7.5% to 379.6bn yen.

The company forecasts full-year profit of 61bn yen and raised its dividend forecast to 131 yen per share for the year ending March 2026, up from 104 yen previously.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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