Sumitomo Chemical Co (JP:4005) has released an update.
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Sumitomo Chemical Co. reported a notable recovery in its financial performance for the second quarter of fiscal year 2024, with sales revenue increasing by 4.6% compared to the previous year. Despite a net loss, the company improved its core operating income significantly, reflecting a positive turn from the previous fiscal period. The company has also revised its full-year financial forecasts, showcasing confidence in continued growth.
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