Sumitomo profits fly higher

Singapore, Cheok Soh Hui; Kovac, Matt
October 2006
ICIS Chemical Business;10/23/2006, Vol. 1 Issue 40, p13
Trade Publication
The article reports on the increase in the profits of Japanese major Sumitomo Chemical due to higher sales and favourable exchange rates. The upward revision is sparked by improved sales, which are expected to gain 5% to Y420bn. Sumitomo Chemical enjoyed record operating income, led by its key pharmaceuticals, information technology-related chemicals, as well as petrochemical and plastic businesses.


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